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DfT ‘lacks understanding’ of market economies

Rail

by Rhodri Clark
13 July 2021
 

The DfT lacks a basic grasp of how market economies work, according to rail entrepreneur Ian Yeowart.

He is managing director of Grand Union Trains (GUT), which proposes to operate open access services from London Euston to Stirling and London Paddington to Carmarthen. Objecting to GUT’s latest Carmarthen proposal, the DfT repeated its concern that the service would be “primarily abstractive” from Great Western Railway services. It also raised concerns about introducing...

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