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In 2015–2018, the three year period of VTEC, customer satisfaction was generally unchanged from East Coast (though went down at the very end) and £800m was retu
by gsnedders 6y ago
In 2015–2018, the three year period of VTEC, customer satisfaction was generally unchanged from East Coast (though went down at the very end) and £800m was returned to the Treasury. Per year, that's 30% higher than the nationalised East Coast returned (and okay, ~£160m of the £800m ultimately came from Stagecoach paying more money than VTEC had operating profit, but from a taxpayer point-of-view that's irrelevant).
(See https://publications.parliament.uk/pa/cm201719/cmselect/cmtrans/891/891.pdf https://publications.parliament.uk/pa/cm201719/cmselect/cmtr...)