Taxpayers on the hook for failing railways
4 October 2023
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Economics
In the Media
Christopher Snowdon quoted in ITV News, BBC News, The Guardian, and The Times
9 October 2023
Lifestyle Economics
15 November 2024
Len Shackleton quoted in City AM
IEA Editorial and Research Fellow Len Shackleton has been quoted in City AM commenting on news that rail strikes have cost the rail industry £716 million since June 2022.
The article read:
“The IEA’s Labour market expert Len Shackleton argued that unions were to blame in part for requesting ‘inflation-busting pay increases for already well-paid ASLEF drivers’, while taxpayers dish out for the network’s ‘stonking losses’.”
But he added that under the fixed contract system with the DfT, they are ‘unable to negotiate properly’ as train operators ‘no longer get revenue directly from travellers’.”
Read the full article here.
The article read:
“The IEA’s Labour market expert Len Shackleton argued that unions were to blame in part for requesting ‘inflation-busting pay increases for already well-paid ASLEF drivers’, while taxpayers dish out for the network’s ‘stonking losses’.”
But he added that under the fixed contract system with the DfT, they are ‘unable to negotiate properly’ as train operators ‘no longer get revenue directly from travellers’.”
Read the full article here.
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