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Can franchise cap & collar beat the recession?
- Source :
- Modern Railways; Jul2009, Vol. 66 Issue 730, p18-21, 4p, 1 Color Photograph, 5 Charts, 2 Graphs
- Publication Year :
- 2009
-
Abstract
- The article focuses on cap & collar revenue and its implication for the economy in Great Britain. It notes that the primary goal of cap & collar revenue is to protect the taxpayer against a train operating companies (TOC) making large gains. It reveals the parties that will benefit from the scheme. It mentions anomalies in the five TOC that enjoy revenue support. Also cited is the meaning of back-ending, as well as its three advantages.
- Subjects :
- INTEREST rate ceilings
RAILROAD companies
INTEREST rates
REVENUE
RAILROADS
Subjects
Details
- Language :
- English
- ISSN :
- 00268356
- Volume :
- 66
- Issue :
- 730
- Database :
- Complementary Index
- Journal :
- Modern Railways
- Publication Type :
- Periodical
- Accession number :
- 43375039