HC 257 - Investing In The Railway


Book Description

The Transport Committee welcomes record investment committed to the 'classic' rail network but calls for greater regional balance in spending. Network Rail must also regain the confidence of passengers following recent disruption. The Committee calls for the Government to take responsibility for rolling stock, to address general shortages and ensure there will be sufficient trains to run on newly-electrified lines. The Committee also concluded: (i) Record levels of funding show a welcome commitment to ’classic' rail but this should be set in a longer-term strategic plan for the rail network, which ties into a wider transport strategy; (ii) The overrunning Christmas engineering works were unacceptable; (iii) Network Rail must have adequate contingency plans. They must also work with Passenger Focus and train operating companies to improve communication with passengers when engineering works fail; (iv) In the light of the change of status of Network Rail the ORR must reconsider whether fining a public sector body remains an effective means for the regulator to exert control; (v) Greater transparency is essential around rail spending. Criteria used to allocate spending should be published.




Foreign Investment in the Ottoman Empire


Book Description

As the borders of the Ottoman Empire crumbled throughout the latter half of the nineteenth century, unprecedented amounts of foreign capital poured in from investors who were eager to capitalize on the country's sparsely regulated industries. Economist Necla Geyikdagi sheds light on the motives, means and policies which shaped foreign direct investment (FDI) in the Ottoman Empire throughout the late-nineteenth century. The book weighs political motivation against economic incentive in examining the trade policies of the major capital exporting countries. Drawing from key speeches on foreign trade policy, personal journals and popular publications, Geyikdagi provides unique insight into the network of foreign investors and politicians that lay behind the channels of direct investment within the ailing Empire.




HC 516 - Surface Transport to Airports


Book Description

Good surface access to airports is crucial. Where it works well, it can have significant positive impacts, both economically and environmentally. Limited or poor surface access can constrain growth, adversely affect the passenger experience, and force passengers, employees and freight operators to choose modes of travel to and from airports that exacerbate environmental problems and congestion. In the last Parliament, the Transport Committee recommended that the Government should develop a coherent strategy to improve road and rail access to the UK's major airports, and stressed the need for greater connectivity between airports outside South East England. Our inquiry shows that Government has made little headway with this agenda. The absence of a decision on airport expansion in the South East is a major obstruction to progress, and without a master plan for the country, the regions cannot be expected to deliver effectively their own pieces of the jigsaw. Government must take a clear lead on integrated transport planning which will benefit airports and the country as a whole. The Government is working on a draft National Policy Statement on airports. While, for the Government, this is driven primarily by the need to deal with airport expansion in South East England, the NPS must help to clarify how planning decisions will be made in relation to surface access improvements. Decisions about new transport infrastructure need to be taken far enough in advance that their implications can be taken into account in local development plans. Network Rail, Highways England and their counterparts across the rest of the UK should reflect these decisions in their long-term plans and funding commitments.







The British Rail Problem


Book Description

This book formulates a new strategy for the railways, trying to discover how much traffic British Rail can hope to obtain. It looks at two fundamental assumptions on which the Board's case for a large and virtually open-ended subsidy rests.







Moody's Analyses of Railroad Investments


Book Description

American government securities); 1928-53 in 5 annual vols.:[v.1] Railroad securities (1952-53. Transportation); [v.2] Industrial securities; [v.3] Public utility securities; [v.4] Government securities (1928-54); [v.5] Banks, insurance companies, investment trusts, real estate, finance and credit companies ( 1928-54)




Moody's Analyses of Railroad Investments


Book Description

Containing in detailed form an expert comparative analysis of each of the railroad systems of the United States, with careful deductions, enabling the banker and investor to ascertain the true values of securities by a method based on scientific principles properly applied to facts.




HC 713 - Smaller Airports


Book Description

Smaller airports are economic and social enablers. They facilitate vital national and international connections for people and businesses in the UK. The Committee found that Air Passenger Duty (APD) is the principal threat to the smaller airports sector. APD cannot be amended to support people, businesses and regional economies because of the operation of European competition law, while proposals to devolve it to the regions would serve only to spread a patchwork of market distortions across the UK. It was disappointing that the concerns the Committee raised about APD in their First Report of Session 2013-14 on Aviation strategy were ignored by the Treasury. The Committee urges Transport Ministers to pursue those recommendations and the important concerns raised by smaller airports with the Treasury. The Airports Commission will publish its final report on expanding hub airport capacity in the south-east shortly after the general election. The whole country will only be able to share the economic benefits if airlines secure slots to provide services to UK airports outside London. The DfT needs to assess how new slots might be allocated and whether slots could be ring-fenced for domestic services




Government Publications


Book Description