Bearing in mind the chat on this forum about the pros and cons of railway renationalisation, I wanted to ask a similar question - would you be in favour of a return to the Big Four system? By this I mean reverting to the structure of the 1920s and 30s (GWR, LMS, LNER and Southern).
I am envisaging replacing TOCs, Network Rail and ROSCOs with four companies, spilt geographically, to own the tracks, own the trains and run them. For the sake of this poll, let's assume they don't build trains or run hotels etc. as they used to.
I for one think this would be a good idea. For one thing, it would eliminate the short-termism associated with having short TOC contracts, which aren't long enough to promote long-term investment. It would also provide a single source of accountability, i.e. when things go wrong it would be clear where the buck stops. Moreover, it would prevent ROSCOs from having monopolies on trains and overcharging TOCs for trains whose value have already been written off - the cost of which currently is subsidised by the taxpayer.
I am envisaging replacing TOCs, Network Rail and ROSCOs with four companies, spilt geographically, to own the tracks, own the trains and run them. For the sake of this poll, let's assume they don't build trains or run hotels etc. as they used to.
I for one think this would be a good idea. For one thing, it would eliminate the short-termism associated with having short TOC contracts, which aren't long enough to promote long-term investment. It would also provide a single source of accountability, i.e. when things go wrong it would be clear where the buck stops. Moreover, it would prevent ROSCOs from having monopolies on trains and overcharging TOCs for trains whose value have already been written off - the cost of which currently is subsidised by the taxpayer.