The Random Thoughts of a Geek heading for Banbury
The Random Thoughts of a Geek heading for Banbury

Train and Cost – Part 2

I found this chart online at The Public Transport Marketing Blog’s Post, on the make up of the cost of a ticket (its originally here):

Ticket Cost

I don’t know how accurate these numbers are; as despite the numbers being listed as coming from ATOC (Association of Train Operating Companies) but I can’t find the raw data.

The author of The Public Transport Marketing Blog writes:

I think the average traveller will be surprised how much money Network Rail takes from the pot, the costs associated with running a train company and the net profit they actually make.

I am not all that surprised at how much Network Rail take from the pot; as well unlike a TOC (Train operating Company) or a FOC (Freight Operating Company) they have to look after physical assets; including thousands of miles of track, a huge number of historical structures, as well as all the staff they employ, the amount of equipment they have etc.

Maffi has written a post about Bombardier’s being awarded a contract for new rolling stock; £187 million to build 135 rail carriages. which works out on about as £1.4 mill per carriage.

What pisses me off is that that £187 million is not the train companies buying them out right; but they ten have to lease them back; so rather than coming out as a single gross out going, they appear every year as a rented item, so that 11p goes to a ROSCO (ROlling Stock Company) who owns the trains and then they leased to train operators.

All three ROSCOs (Angel, HSBC and Porterbrook) are owned by major high street banking groups – Royal Bank of Scotland, HSBC and Abbey National respectively. As the train owners, ROSCOs are also responsible for overhaul and heavy maintenance of the Rolling Stock, however despite over the the last few years new Stock being purchased and subsequently leased to TOCs they still charge what appears to be an unresnobly large amount for older or lower quality trains.

First Great Western run 54 HST Sets (here) owned by three ROSCOs First Group, Angel and Porterbrook (details) made up of two Class 43 HST Traction Units (built between 1975 – 1982) and a number of British Rail Mark 3 coaching stock (1975 – 1988), funded by British Taxpayers as they were built by BR while the railway was a Nationalised industry, at Privitisation they were sold off, and ended up hands of ROSCOs.


(FGW routes served by HSTs).

Nationalisation, or at least better regulation of the UK Train Franchise could be used as both a stick and a carrot to provide more affordable Travel Costs to the end user; without moving all the liability on to the Tax Payer (who at the moment gets shaffted with it anyway).

Also I feel that the Tax Payer should not Subsidise the Rail Industry; and where investment can be construed as a subsidy; it should be looked at closely by an independent group who have the power to do something about it. I have no problems with the Tax Payer Investing in National Infrastructure.

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