Daily Comment / Support Services

Jarvis

The UK rail market is often more akin to an Old Testament morality tale than modern business. And Jarvis generally gets to play the hapless Jonah, Job or Joseph (take your pick).

Last year was the famine - a £27m loss. This year a comparative feast, £11m profit.

Richard Entwistle stays reasonably cheerful despite it all. He talked in the latest results of ‘unprecedented spending’ on the network.

There you have the rail industry in a modern parable. Long-term we’re all bulls - there’s lots of cash about and plenty of ways to spend it - but the journey isn’t for the fainthearted.

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