| Re: First Milks Great Western ^Cash Cow^ Posted by grahame at 08:18, 6th August 2007 |     |
I think I'm allowed to quote a short extract from christian Woolmar's article in "critical comment":
Uniquely of FirstGroup^s franchises, FGW was, until recently, run directly by the company^s finance director, Dean Finch, a man for whom the expression ^bean-counter^ might have been invented because it was seen as the cash cow for the group^s business. All the others were the responsibility of Andrew Haines, the former head of South West Trains, who showed there that he is a good operator. Indeed, some of the other First franchises, notably TransPennine Express and ScotRail, are among the best, and now, interestingly, after all the flak - which, according to one source, has ^troubled the top table^ - Haines is to get control of FGW.
It darned well OUGHT to have troubled the top table - the british public in these parts will accept a huge amount of nonsense, but this has worn pretty this - and First has become something of a dirty word in these parts. Let's hope that Andrew can bring an improved service which also brings improved results for First - surely that's in everyone's interest.
| Re: First Milks Great Western ^Cash Cow^ Posted by Jim at 12:27, 5th August 2007 | |
Someone told me thats gone up in various mess rooms in the area!
| First Milks Great Western ^Cash Cow^ Posted by Lee at 10:55, 3rd August 2007 | |
First Great Western^s problems have more to do with the structure of the group and the financial pressures it faces than the size of the franchise , argues Christian Wolmar (link below.)
http://www.christianwolmar.co.uk/articles/rail/570.shtml
