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Most rail investment in the UK is ultimately paid for by the government. E.g HS2, line upgrades etc. Train companies might make a contribution to the cost of bu
by willyt 4y ago
Most rail investment in the UK is ultimately paid for by the government. E.g HS2, line upgrades etc. Train companies might make a contribution to the cost of buying new trains through the cost of leasing them from the government regulated monopoly companies that buy them with government money. We basically have a system where everything is paid for by government but in a really complicated way involving lots of complicated contracts written by very expensive lawyers. Our trains are now some of the slowest most expensive and most uncomfortable in Europe.