A curate’s egg: Shapps’s ‘Great British Railways’ scam
The train operating company Southeastern, run by Go-Ahead, is the South East franchise holder. Or at least it was until the transport secretary, Grant Shapps, abruptly withdrew the franchise amid a welter of fraud allegations, sending Go-Ahead’s share values down by 25 percent. The main allegations concern advance payments made to the company to cover … [Read more…]