ATOC proposals for £50m/year rolling stock savings critical of McNulty approach

The Association of Train Operating Companies has set out proposals for train operators to be given a bigger role in ordering and managing their rolling stock in order to contribute to cost savings required by the McNulty review of the railways. However, ATOC believes that only £50m of annual savings can be delivered in 2018/19, significantly less than it believes McNulty requires rolling stock to contribute to the aspiration for a £1bn annual cross industry saving.

Criticising...