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...
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