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Re:UK to depart from GDPR by mytailorisrich on Friday March 12, 2021 @11:59AM (#26437883)
> Train company profits count for about 2% of the total cost of the ticket

Considering that this is about the same as inflation and less than the usual annual ticket price increase which is decided in part by the government, I strongly suspect that this number is an accounting exercise more than anything else.

There's also the profits made by the trains leasing companies as many TOCs lease their rolling stock

> There is competition to rail if the price was too high -- driving, coaches, flying, not traveling

There's no real competition for most commuters around London at least. The trade-off is rather with the cost of housing.

It makes perfect sense to complain about overcrowding for that reason and because pay a lot of money for their tickets, indeed.

People commute by train because it's the least bad option and/or the only viable option. That does not mean that it's good or that there is real competition.

If the number of trips has been increasing I think that the main drivers are the concentration of jobs within London and the booming housing costs: People live further and further away and have to commute by trains.

Re:UK to depart from GDPR by iso1631 on Friday March 12, 2021 @12:33PM (#26438321)
Yes, the leasing companies make a fortune. On the other hand they take risk in tying up capital.

I'm no fan of the franchise system - especially when companies like Virgin East Coast get out of the obligations if they don't make enough money, but rail is stronger now (well 2019) than it has been since before the motor car was created, and the strength coincided with the franchise system coming in.

> People commute by train because it's the least bad option and/or the only viable option. That does not mean that it's good or that there is real competition.

We haven't seen the same growth in other European countries though. And it's not just commuting into London -- long-distance travel has ballooned too - hence the need to build HS2.

Re:UK to depart from GDPR by mytailorisrich on Friday March 12, 2021 @12:43PM (#26438485)
> We haven't seen the same growth in other European countries though

In cities like Paris, public transport has huge capacity and is cheap (and in Paris employers have to pay half your season ticket).

Lower growth there does not mean that we're doing better, it means that we're starting from lower... And the UK has had a robust population growth as well.

Re:UK to depart from GDPR by iso1631 on Friday March 12, 2021 @02:03PM (#26439529)
> in Paris employers have to pay half your season ticket

That sounds awful - so I effectively get a paycut if I walk or ride to the office?

Re:UK to depart from GDPR by mytailorisrich on Friday March 12, 2021 @02:54PM (#26440153)
I don't understand how you can interpret it as either awful or a paycut if you don't take public transport...

If you buy a season ticket (at least a monthly ticket) to commute between your home and office you send a copy to HR and they have to refund you half of it.

Re:UK to depart from GDPR by Nursie on Friday March 12, 2021 @03:05PM (#26440261)
That sounds like a massive incentive to hire very locally!
Re:UK to depart from GDPR by mytailorisrich on Friday March 12, 2021 @03:21PM (#26440418)
It's cheap enough that employers don't bother (and anyway it's usually not possible to...). So, no, it's not a "massive incentive".
Re:UK to depart from GDPR by youngtaff on Friday March 12, 2021 @01:37PM (#26439175)
I'm not sure train leasing is a profitable as a it was when BR was privatised and Porterbrook et al owned all the rolling stock

What seems to happen now is the manufacturers e.g. Hitachi lease the trains to TOCs complete with maintenance plans built it.

Think Eurostar was the first model of this in the Uk