On Thu, 17 May 2007 11:57:02 +0100 someone who may be "Paul Scott"
wrote this:-

I wonder if its simply that the original amount ringfenced didn't ever
account for 'railway inflation' during the intervening period

The first railway station built after privatisation was the halt at
Dalgety Bay. A fixed sum contribution that would cover the vast
majority of the estimated cost was part of the planning consent, on
the condition that work started within a time period (5 or 10 years
I imagine).

Work did start within the time period, on the last day that it could
before the contribution was lost. However, by that time general and
railway inflation meant that the contribution was only a small part
of the total cost.


--
David Hansen, Edinburgh
I will *always* explain revoked encryption keys, unless RIP prevents me
http://www.opsi.gov.uk/acts/acts2000/00023--e.htm#54