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Author Topic: First Milks Great Western ^Cash Cow^  (Read 3167 times)
Lee
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« on: August 03, 2007, 10:55:05 am »

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
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« Reply #1 on: August 05, 2007, 12:27:12 pm »

Someone told me thats gone up in various mess rooms in the area!
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« Reply #2 on: August 06, 2007, 08:18:46 am »

I think I'm allowed to quote a short extract from christian Woolmar's article in "critical comment":

Quote
Uniquely of FirstGroup^s franchises, FGW (First Great Western) 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.
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