NM Rothschild pitches motorway privatisation plan - #


	NM Rothschild pitches motorway privatisation plan - #

JICWyllie

8-30-2009 8:20 AM

79 views

tags:

1-policy, 1-privatisation, 1-transport, 2-change, 2-opportunities, 3-advocated, 4-uk

JICWyllie says:

Good idea! Discourages unnecessary travel, balances the public coffers, gives banks a safe investment.

Add a Comment

Login to Comment. Not a member yet? Sign up

Today's Top Clips

visit the Top Clips page

View the Top Clips from August 30, 2009

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/68813836-73a9-48b4-9e8e-b04cf45e9d20/31421255-BD10-469D-BDCC-63A50025B59A/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6814923.ece" href="http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6814923.ece" style="font-size: 11px;">business.timesonline.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6814923.ece">A radical plan to raise £100 billion by privatising the motorway network has 
been presented to the three main political parties by NM Rothschild, the 
influential investment bank.
</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6814923.ece">Bankers told leading politicians that the sale of the roads overseen by the 
Highways Agency — all motorways and most big trunk roads — could help revive 
battered public finances.
</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6814923.ece"><P>
Toll-road companies and infrastructure funds would compete to operate and 
maintain stretches of the network. 
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6814923.ece"><P>
In one version of the scheme, the government would pay for upkeep through a 
system of “shadow” tolls. A more radical, and less politically palatable, 
option would be for companies to charge motorists directly through toll 
booths or electronic card readers. The RAC Foundation, a motorists’ group, 
advocated privatisation in a report last week.
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6814923.ece"><P>
Road tolls are unpopular, however. When Labour mooted road pricing two years 
ago, more than 230,000 signed a petition on the Downing Street decrying the 
plan .
</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/31421255-BD10-469D-BDCC-63A50025B59A/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks: Amplify.com - Don't just share the news...Amplify it!

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Copyright; Privacy; EULA

Search Options

Today's Top Clips