cancel
Showing results for 
Search instead for 
Did you mean: 

High speed rail up for sale

Midnight_Caller
Rising Star
Posts: 4,143
Thanks: 7
Fixes: 1
Registered: 15-04-2007

High speed rail up for sale

[quote="High speed rail network up for sale as part of austerity drive"]
Plans to reduce the fiscal deficit have renewed fears over foreign ownership of UK assets
The government drive to slash the fiscal deficit could reignite the debate over foreign control of major UK infrastructure as ministers start the sale of the £1.5bn High Speed One rail link this week – with France's Groupe Eurotunnel and Australia's Macquarie bank among those tipped to bid.

Quote
The sale of High Speed One, which cost £5.8bn to build, will include the acclaimed St Pancras International terminal in London and stations at Stratford,

Have I got my maths right?
A 30 year contract, not an outright sale, but a £1.5 billion return on a project that cost £5.8 billion to construct just don't seem right.
1 REPLY
VileReynard
Seasoned Pro
Posts: 10,588
Thanks: 193
Fixes: 9
Registered: 01-09-2007

Re: High speed rail up for sale

These companies probably gave money to the Tories.
It's pay-back time!
I can't see how selling off infrastructure will save jobs.