@rbreich
UK railways are profitable because they
🚂 were nationalised (private rail hopelessly inefficient)
🚂 starved of government investment, then
🚂 franchised with huge investment + subsidies
🚂 continue with guaranteed revenue + profits
The ridiculous fantasy that #PrivateSector is always better that #StateSector
🚦siphons public money into company dividends
🚦overpays CEOs
🚦underpays skilled essential workers
🚦delivers terrible freight & passenger services