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Eversholt’s great train robbery
If you want to see how our taxes end up lining the pockets of billionaire businessmen based in Hong Kong, look no further than the latest accounts of one of the three companies that own our privatised trains, explains SOLOMON HUGHES
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EVERSHOLT is one of the “rolling stock companies” or “Roscos” created when British Rail was privatised — like Porterbrook, which I wrote about a few weeks ago. These private companies own the trains which roll on British railways.
Eversholt’s accounts, published in April this year, show that in 2020 and 2021, the years of the pandemic when the rail industry was entirely dependent on a vast, publicly funded bailout to keep running, the firm paid a total dividend of £83 million.
The money from Britain’s railways was shunted to its owners, based in Luxembourg.
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