Trump’s escalation against Venezuela is about more than oil, it is about regaining control over the ‘natural’ zone of influence of the United States at a moment where its hegemony is slipping, argues VIJAY PRASHAD
THE latest accounts from the three train firms running the South Western Trains, Avanti West Coast, Thameslink, Great Northern, Southern and Gatwick Express rail franchises show these companies paid their owners a combined £69.5 million of dividends in 2022-23, despite depending on hundreds of millions in government subsidy.
The subsidy that kept these firms going was both much bigger than their profits and their dividends, so really they paid out this money to their shareholders directly from government aid.
When Covid slashed passenger numbers in 2020, the government tore up all the existing rail contracts and moved to huge subsidies to keep rail moving: the rail companies kept their privately run, publicly granted transport monopolies, but the Department for Transport pumped in extra cash to keep the trains running.
But unions warn renationalisation must not be fudged
Our groundbreaking report reveals how private rail companies are bleeding millions from public coffers through exploitative leasing practices — but we have the solutions, writes Aslef Scottish organiser KEVIN LINDSAY



