To : The Editor, The Business
From : Nagindas Khajuria
Subject : UK Trains
UK Trains: Hidden Costs
Sir - I agree with Nagindas Khajuria's view that Railtrack spent too much time developing its station rather than its tracks (Letters, 14 October). Some of our stations, such as Liverpool Street and Paddington in London, have improved immensely in appearance, but the primary role of stations is to be points of departure.
I believe the management of Railtrack became bewitched by the example of BAA, which after privatization set about turning its airports into shopping malls. The City should carry some of the blame. After Railtrack's privatization, we heard lots of talk from analysts about the "hidden property assets" in the company and little about hidden infrastructure costs.
No comments:
Post a Comment