Thursday 16 May 2013

PWC appointed to advise on IEP

This from Our Man at 222 Marylebone Road...

I understand that DfT has just appointed Price WaterhouseCoopers as financial advisers for IEP.  

The announcement says that:

'DfT is looking to secure excellent value for money and the appointed firm will be required to provide proposals that offer cost reduction, efficiency and improvement opportunities throughout the contract term'.

Presumably it would be too much to expect PWC to say 'bin it'?


(Unlikely as PWC has form with the "biggest privately financed passenger rolling stock deal in history, anywhere in the world". Ed)

Eye gives you Christian Farage!

The leader of UKIP had better look to his laurels!

This from Mayoral candidate Christian Wolmar, reflecting on the impact of EU policy on Croatia's railways:

So the net result of EU interference is precisely the opposite to what it was supposed to be set up to do, improve international relations and cross border trade and passenger flow.

I have always been against the Euro but in favour of the European Union. However, this type of imposition of a neo-liberal agenda on the railways does make me hesitate about what we should do about the EU. 

Clearly, the Eurocrats still have a naive federalist agenda that they are trying to impose and they need to be stopped.

There is more joy in heaven over one sinner who repents...