and funny enough the biggest and best one of those is the British company Virgin.
The ultimate parent company, Virgin Group Holdings Ltd, is registered in the British Virgin Islands.
I totally agree with you that we have major problems in our system of running railways. I don't think cooperatives would work as a replacement for franchises. That still means profit going out of the industry, unless they were non-dividend cooperatives. But what then would be the incentive for being a member?
Concessions or nationalisation.
Its difficult to explain what I mean by cooperative, but the easiest way to explain is go back to the pre-1948 style system, and allow local councils, community and rail campaigns (like the ones we have in Devon & Cornwall) to have a more active say in the railway. Rather than the current system of local council or community want for example a new shelter on a platform, they campaign to the
TOC▸ , the toc has to then go to Network Rail,
NR» have to speak to the
DFT▸ , then report back to the TOC, then if thats even had the ok, they have to find the money to pay for it. By the time thats gone full circle its nearly 2 years or more on.