Sale of Local Authority bus companies

[Mayneway]

RE: Sale of Local Authority bus companies
The information about the loan wasn't and isn't rumour it's fact. It was revealed at a public council meeting last year, although the amount wasn't disclosed. Then came the fare hikes and it was widly suggested that one of the reasons for the rises was because Warrington council had called in the loan early due to the first round of budget cuts by the coalition government.
No one is spreading rumours it's fact that NW took out a loan from the council, the amount and what it was for are speciation!

RS Turbo is a top fella and I've spoken to him off group several times he's a credit to the forum but it's his own choice to speak out and defend NW he obviously holds his employer in high regard which we all do to some extent but nobody is suggesting a sale or takeover of NW is imminent but it's a possibility, just like Halton or Rossendale COULD be sold.

As Dentonian rightly has pointed out in the past. It's illegal for a service or journeys to run at a loss so presumably if these services that NW operate that carry only a few passengers are commercial they must be making money otherwise why would they operate them. If there run with a subsidy then it shouldn't bother NW whether they carry a handful of passengers or a bus full!