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Yep, it's definitely in everyone's best interests to return it to the private sector!
National Express bid too high (it was the premiums that pushed it to the edge, East Coast haven’t had to pay these), and failed to invest, so the state does all the investment and then looks to sell it off to another operator who can rake it in afterwards.
Just like with the Post Office, the state does the work and the private company comes along and takes the profit.
why are the gov allowed to sell off our stuff without us being asked?
shouldnt the owners be required to give their consent?
I notice that on a couple of occassions members of the gov later get jobs as execs and consultants and board members of these big privatised industries.......isnt this dubious? it looks like it could all be corrupt......why is it allowed to happen with no one investigating whether it is all above board (bearing in mind this is with the people who claimed the sort of expenses that they do, it means that their idea of 'norm' and 'acceptable' is different from most peoples)
of the private sector doing public transport better than the state? I can real off several of public ownership improving the situation - East London Buses, London Overground, East Coast, Tube Lines etc - but can't think of anything the other way around.
as is the DLR, although, once again, it's the state that takes the risk and pays for the capital investment.
because they are more concerned about service to as many as possible rather than cherry picking just the most profitable
Universality of service provision ftw.
We're all in this together, and all that jazz.
I remember before it was privatised it was always refered to as 'the misery line' in the local press. Now it's probably the best run train company in the country. Pretty sure it has the best punctuality stats but then it should as there's only bout 60 miles of track and one terminus. It's ironic that it's currently run by National Express who've made such a mess of running the rest of the train services in Essex that I believe the government are not allowing them to rebid for the c2c franchise when it comes up for renewal.
At that point, it was probably the most up-to-date line in the country. As you say, it's also just about the simplest line in the country to run, with one london terminus, and a simple line-and-loop before it reaches Shoeburyness.
The Labour government did say that they were preventing National Express from bidding for c2c, but the Coalition has overturned this.
I'm sure I was using it in the late 90s and it still has those manual slam-shut doors. Didn't think the rolling stock got replaced until the early 2000s.
"In 1995 work got underway to replace everything from signals and point machines to whole junctions.
The main contractor for the work was GEC Alsthom who provided a Mark 3 Solid State Interlocking (SSI) system with SEMA providing the IECC element at Upminster that replaced all signal boxes on the whole line. Main line running signals mostly became 4 aspect colour lights (replacing searchlight signals amongst others), all point machines were replaced with HW2000 machines and the whole line had a complete fibre optic network installed. All level crossings were renewed with full barriers to be CCTV controlled by a designated workstation at Upminster.
The main line between Fenchurch Street and Shoeburyness was also bi-directionally signalled (with 3 aspect signalling) along most parts, with the bi-directional section alternating from one track to the other between certain stations, to provide maximum flexibility for continuing operations should disruption occur.
The line was re-born over the Easter weekend 1996 when all the signal boxes from Fenchurch Street to Shoeburyness were switched out and control was transferred to Upminster IECC."
The line was privatised in May 1996.
The new rolling stock (of which this line has one of the smallest fleets) came in in 2003 (again, from wikipedia).
(Yes, I've been going Fenchurch st. to Basildon too much).
Green bars inside to hold onto have no litter bins in the doorway sections and the open button is below the close button. When there are purple bars on the inside to hold onto you have a litter bin and the open button is below the close button.
The amount of times half-asleep commuters press close when they think it'll be the open button is too often...
Good to know my memory isn't going. Also from the wikipedia you quoted:
"Over the years the LTS had been used in an almost experimental fashion and contained a whole host of different signalling systems"
I have wondered how such an apparently simple line could have experienced such difficulties.
It's such a simple line, that it was used to test out all the different bits of kit. It meant that by the mid-90s it was an absolute mess.
To be honest, as nice as it is for passengers, rolling stock is a fairly small component when it comes to ensuring punctuality and reliability.
And that was in 2001-2002
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Can somebody who know about these things tell me why, when this line cost £5bn to build, it is now only worth £2.1bn?
the commercial value of the line for a period of 30 years.
just leased? And presumably when the lease expires the government can lease it again for another £2b (or whatever the equivalent is in 2040)?
Don't forget that the £2bn doesn't include for maintaining the lines though - that's still done by Network Rail. They've effectively just leased the ability to operate trains and collect fares on the line.
The rolling stock itself is actually owned by another privatised franchise, and the Train Operating Company (TOC) has to lease this as well.