McNulty’s rail value review is now getting somewhere

We can look forward to longer and more flexible franchises, a decentralised Network Rail and stronger

George Muir was director general of the Association of Train Operating Companies between 1999 and 2008. Before that he was a director of Morgan Grenfell and a financial advisor to the privatisation of the UK electricity industry and to many oil and gas companies.

George Muir was director general of the Association of Train Operating Companies between 1999 and 2008. Before that he was a director of Morgan Grenfell and a financial advisor to the privatisation of the UK electricity industry and to many oil and gas companies.

Sir Roy McNulty will publish his Rail Value for Money study by November

Sir Roy McNulty will publish his Rail Value for Money study by November

Sir Roy McNulty, chairman of the Rail Value for Money Study, may be a class act, but like every other leader of a "what is wrong with the railway" review, he started off by complaining about leadership, complicated tickets, lack of innovation, misaligned incentives: all the usual guff. It is enough to make you a cynic, but after nine months work, the study is now getting somewhere.

In September, ATOC set out some very sensible proposals in a document called ‘Better alignment of...