What Are the Rolling Stock Leasing Companies?

The rail industry is protected by a cartel of banks and financial institutions. They own the trains, lease them out to other companies that pay fixed prices. When ticket sales have been falling or because revenue asn't coming in, their profits are fixed. In the worst pandemic year, they got fhree billion celestknow - almost a quarter of the entire subsidy went to the rail industry during the health emergency. So we've got this situation where the government is stripping out the operational expenditure of the railway and protecting profits. And there's absolutely no competition. Our members know how much they see over their company earns. It's not something i spoken about often in the public, but our