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‘Carry on up the east coast’— a case study in railway franchising

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  • Sean McCartney
  • John Stittle

Abstract

A significant aspect of the privatization of the British railway industry was that the provision of passenger train services would be awarded on a competitively tendered franchise basis. The turbulence in the ownership of the East Coast Main Line (ECML) franchise is testimony to the inherent and serious structural weaknesses in the business model underlying the franchising of train services and highlights the more general failings of the government's model of railway privatization.

Suggested Citation

  • Sean McCartney & John Stittle, 2011. "‘Carry on up the east coast’— a case study in railway franchising," Public Money & Management, Taylor & Francis Journals, vol. 31(2), pages 123-130, March.
    • Handle: RePEc:taf:pubmmg:v:31:y:2011:i:2:p:123-130
    DOI: 10.1080/09540962.2011.560709
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    Cited by:

    1. Carmen A. Li & John Stittle, 2014. "Privatisation and Franchising of British Train Operations," Australian Accounting Review, CPA Australia, vol. 24(1), pages 53-65, March.
    2. Preston, John, 2018. "The wheels keep on turning: Is the end of rail franchising in Britain in sight?," Research in Transportation Economics, Elsevier, vol. 69(C), pages 187-196.
    3. Bowman, Andrew, 2015. "An illusion of success: The consequences of British rail privatisation," Accounting forum, Elsevier, vol. 39(1), pages 51-63.
    4. McCartney, Sean & Stittle, John, 2012. "‘Engines of Extravagance’: The privatised British railway rolling stock industry," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 23(2), pages 153-167.
    5. McCartney, S. & Stittle, J., 2017. "‘A Very Costly Industry’: The cost of Britain’s privatised railway," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 49(C), pages 1-17.

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