grace brown
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graceebrown.bsky.social
grace brown
@graceebrown.bsky.social
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Research Fellow in Global Remunicipalisation, University of Glasgow
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Reposted by grace brown
weownit.org.uk
3 Rolling Stock Operating Companies own most of the 15,200 vehicles that run on Britain’s railways, making huge profits for their overseas shareholders.

They are the gravy train - and they have to go.

Read our new report on the future of our railways today👇
vist.ly/4499u
Passengers not profit: a vision for the Railways Bill. Statement from Dr Grace Brown, Researcher at University of Glasgow. "Since privatisation, Rolling Stock Operating Companies (ROSCOs) - the companies that own the trains in our railway - have extracted billions in profits – up to 25% of every ticket sold – while reinvesting little in new trains. This leaves passengers with outdated fleets, even though ROSCO dividends between 2012-18 could have paid for 700 new vehicles. Time to end the rip-off."
August 22, 2025 at 3:23 PM