A “ fresh start ” or the “ worst of all worlds ” ? A critical financial analysis of the performance and regulation of Network Rail in Britain ’ s privatised railway system

@inproceedings{Jupe2016AF,
  title={A “ fresh start ” or the “ worst of all worlds ” ? A critical financial analysis of the performance and regulation of Network Rail in Britain ’ s privatised railway system},
  author={Robert Jupe},
  year={2016}
}
  • Robert Jupe
  • Published 2016
The purpose of this paper is to examine the degree to which Network Rail, the new not-for-profit infrastructure company owned by members, has provided a “fresh start” for Britain’s privatised railway system. Rail privatisation was predicated on the belief that surplus value could be created through redundancies and deskilling in a loss-making subsidy-dependent industry. Network Rail’s predecessor, Railtrack, followed a profit-maximising agenda and collapsed into insolvency in 2001, after… CONTINUE READING