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Unread 06-12-2014, 09:48   #1
Kilocharlie
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Default Irish Rail to get €162 million

Story in the Irish Times on the 4th re 162m or maybe just 100m or 95m for IE curtsey of the Govt.

http://www.irishtimes.com/news/irela...eann-1.2026099
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Unread 06-12-2014, 10:10   #2
ACustomer
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A totally confused piece by Tim O'Brien of the Irish Times. I'm not surprised at really bad and sloppy reporting from that newspaper. All views and very little news.
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Unread 06-12-2014, 12:18   #3
Jamie2k9
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So 100 million between Bus and Rail companies. I don't really understand where the 95 million shortfall is. Should it read 9.5 million on losses this year, that would mean a 7 million drop over 2013. Wage, fleet cuts, fare increases and passenger growth. Am I being to optimistic!

Speed is still an issue so hopefully it can address it on the network.

Last edited by Jamie2k9 : 06-12-2014 at 12:24.
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Unread 08-12-2014, 09:14   #4
Mark Gleeson
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This is capital funding to side step some issues with EU rules.

Mainly focused on safety projects and repairs, so Cork & Waterford will get some cash. Further level crossing upgrades etc and as always some recycling of existing committed funding for Dublin signalling projects
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