More misery could be about to hit the rail industry as news is emerging that Northern Rail could be close to collapsing. This news has been released by the Trade Union and the speculation is indicating that the company could be facing a significant financial crisis. This could eventually see it collapse and follow Virgin East Coast. The former company, which is now known as the London North Eastern Railway has run short of funds and that ultimately meant that the company had to hand the franchise back over to the government.
The General Secretary of the TSSA has now made calls asking for the Northern Rail franchise to place back under the ownership of the public while also claiming that it is now facing full financial crisis.
The belief is that the government should now make moves right now to prevent this from happening while also ensuring that the passengers do not suffer. There is no doubt that Northern is struggling but it can no longer be allowed to amble along for months. This would lead to further misery for passengers, lots of which have already suffered for many, many months.
When a franchise such as this fails, there is a lot to take into consideration. While the franchise is running out of money, there have to be considerations made to the services that it offers and how it will struggle to fulfil those services and meet its promises. Along with this, it will also mean that any urgent repairs will be overlooked and that could lead to more problems with services or even compromise the safety of passengers. This is something that the union will not allow.
Since last year, Northern Services has brought about a significant number of improvements, all of which were much needed. The recovery plan, which was pushed forward by industry expert Richard George was focused around delivering reliable services. The franchise is co-managed by Transport for the North and all have been committed to ensuring that passengers receive the service that they expect.