Welcome to the 'New Somerset and Dorset Railway'
Sunday, August 02, 2009
feeding the tigers
We spent this afternoon at the High Sheriff's Garden Party in Bristol. It was a very civilized afternoon!
What's this got to do with the S&D you may well ask!
Well, these are precisely the movers and shakers we will need to bring round to what we are doing. Not in Bristol of course, but in Somerset and Dorset.
Next year we will be launching a company with the sole aim of building and operating the New S&D. It will be a commercial company but owned 51% by the New Somerset and Dorset Railway group. It will be able to raise money through all the normal channels open to commercial companies, through bank loans, grants and subsidies and, of course, by share issues. A ballpark figure of two billion pounds has been suggested for building a New S&D. Whilst this sounds like a lot of money to your average heritage railway 'puffer lover' it's chickenfeed in the business world.
But the clever thing is that it will be owned 51% by a group that understands and appreciates the heritage and history aspect of the original S&D. It will also be well aware of the business case for manned stations, manual signalling and regular steam services overlaying the normal passenger and freight services.
If you're the sort that loves networking and making contacts then why not offer your services to the New S&D?