British Fail

Posted: September 23, 2013 in Uncategorized
Tags: , , , , , ,

Imagine if someone had built an enormous supermarket filled with enough food for the whole country, and ran it in a way that everyone got what they needed at a decent price, with very few frills.

Now imagine that they decided to sell stakes in the store, so that each person ran a particular aisle. Not only do they allow people to buy the use of an aisle, but they get a guaranteed five years to run the aisle, do not have to buy the food in, or maintain the air conditioning or building structure to any extent, merely provide the staff to run their aisle.

Seem like a good deal? I’m not finished. Now imagine you could practically name your price for the food, despite the major maintenance of the building and cost of the food being paid for you.

Does this sound like good business, or a free ride? In years’ time, we will look back on the rail franchising fiasco as one of the most ridiculous cases of paying to be robbed blind in our history. Hopefully sooner rather than later.


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