You mean that was a return on their investment - no different to getting interest on a bank deposit accountIn their annual report for 2021,Abellio( owner of East Midlands Trains, West Midland Trains & Greater Anglia) revealed they were able to pay their shareholder £288 million.
You see nothing wrong with large pay outs to shareholders, i.e. profits taken out of the business while trying to reduce the workers pay and conditions, the workers who have contributed to those profits. If so then fair enough.You mean that was a return on their investment - no different to getting interest on a bank deposit account
You see nothing wrong with large pay outs to shareholders, i.e. profits taken out of the business while trying to reduce the workers pay and conditions, the workers who have contributed to those profits. If so then fair enough.
The deal that I’ve seen and led to believe is the one on the table is, in a word, shit. It really is, if it is the deal and not someone picking the bad bones out of it to display.Where did I say I thought this was OK?
But idealism is all well and good but the facts remain the same, the companies are losing 20% of their work, and 30% of the most lucrative work, sitting by and pretending it's not happening is suicide
The dividends are based on the accounts to December 2020. Why would people invest in companies if there is no return? The profits were made 2 years ago when times were better.
I don't know the details of the deal being offered to their workers but I doubt they're trying to reduce their pay. Perhaps you could tell me what the conditions are that they're are so important to the work force
You may have hit on something with the Rail Track dispute. In the good old days of BR when no one gave a fuck and money grew on trees a lot of daft restrictive practices were put into place by lazy managers and awkward unions. These were carried forward and weren't that big a problem when there was money sloshing about, now times are tight the shit has hit the fan and we're in this mess. Remember Rail Track is a Nationalised CompanyAlso some people oppose Nationalisation of our railways, but are happy to see other nations making profit from our transport network.
Taking back control.
No they can'tOther countries can run efficient rail services.
We are pretty unique as a nation, to be unable to do that.