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Sunday 10 February 2008
More about the Family Heirlooms
A few posts ago, Yokel noted that the French government, in the shape of EDF were busy trying to re-nationalise the UK electricity industry. After all, we can't have these businessman villains running the show when politicians could make an even better mess of it.
Rather late in the day, Yokel has noticed that the German government, in
the shape of Deutsche
Bahn AG, is the chosen vehicle for the renationalisation of the UK
railway industry. DB has already acquired the rail
freight company EWS.
The news in the last few weeks is that DB is now on the verge of
acquiring Laing
Rail
who operate the passenger franchises Chiltern
Railways, and have a half share in London
Overground with the Hong Kong rapid transit operator MTR Corporation,
and a part share in Wrexham,
Shropshire and Marylebone Railway with Renaissance Trains, which is
itself a joint venture.
Yokel would welcome any educated guesses about which EU province will buy up other UK infrastructure. British Telecom hasn't become the world dominating force to rival AT&T that it thought was its due, British Gas really only has value to its current owner as a database of captive customers who can be sold something else as well, and perhaps we better hadn't mention British Steel.
