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Can franchise cap & collar beat the recession?

Authors :
FORD, ROGER
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.

Details

Language :
English
ISSN :
00268356
Volume :
66
Issue :
730
Database :
Complementary Index
Journal :
Modern Railways
Publication Type :
Periodical
Accession number :
43375039