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Steam Packet to be sold

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2 hours ago, Donald Trumps said:

Scottish government offers subsidy to CalMac, which includes fares subsidy it would appear - tho' detail has not been made available

https://www.gov.scot/publications/foi-17-02545/

Figures are available in CalMac Operations accounts.

Its 50% of all fare income. Plus the Scottish Executive own and build the boats, through Cal Mac Assets, so no capital costs.

The latest 2 boats, 125 metres, are 18 months behind schedule and 100% cost over run, so far.

The way Scottish Island services work is that they’re put out to Franchise by tender for management and service delivery to the company that says it can do it for the least subsidy.

Incumbent has an inbuilt advantage.

NorthLink was awarded to another company a few years ago, but ran into trouble and is back with CalMac, in effect.

cheap fares, at great cost to tax payers.

The Scottish Executive also owns all ports and harbour facilities. Charge to CalMac to use is negligible.

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10 hours ago, Donald Trumps said:Scottish government offers subsidy to CalMac, which includes fares subsidy it would appear - tho' detail has not been made available

https://www.gov.scot/publications/foi-17-02545/

Here are the 2018 accounts.

https://www.calmac.co.uk/media/5216/CalMac-Ferries-Ltd-Directors-Report-and-Financial-Statement-Year-Ended-31-March-2018/pdf/CalMac_Ferries_Ltd_Directors_Report_and_Financial_Statement_Year_Ended_31_March_2018.pdf?m=1544632798950

 

Sales ( tickets and subsidy ) were £192m 2016/7 and £206m in 2017/8.

The latest subsidy figure is 2016/7 and is £132m, so it’s 60%.

£1billion over 8 years of the operating contract. And that’s income.

https://www.gov.scot/publications/foi-17-02545/

capital costs are separate, as the boats are bought, paid for and owned by CalMar Assets.

Read about the mess their latest order is in 

https://www.pressandjournal.co.uk/fp/news/highlands/1735122/anger-over-fresh-delay-to-calmac-ferries/

Glen Sannox was due to commence service in 2018. Delivery is not now anticipated until late summer 2020.

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21 hours ago, dilligaf said:

You, like us all, will be old one day. Get a grip of yourself and face reality.

Doesn’t by default mean you deserve a discount. In fact they should be paying more.

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What is the competition law that limits IOMSPC capacity to offer discount fares in shoulder periods?

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38 minutes ago, Donald Trumps said:

What is the competition law that limits IOMSPC capacity to offer discount fares in shoulder periods?

What, the late 1980s?

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13 hours ago, Gizo said:

Doesn’t by default mean you deserve a discount. In fact they should be paying more.

Sadly the post by dilligaf is symptomatic of the sense of entitlement that many of the now aging baby boomer generation now feel. 

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2 hours ago, Donald Trumps said:

What is the competition law that limits IOMSPC capacity to offer discount fares in shoulder periods?

There isn’t one, as long as the discount applies to everyone. In fact discounting is written into, and guaranteed by, the user agreement.

no reason, either, in law, why specific groups, students or pensioners, can’t be targeted. Or frequent sailors.

What I very carefully explained, about the 1960’s, was that the discount was funded by government and only applied to midweek return tickets starting off Island, ie to attract tourists. That would almost certainly be against competition law. Strangely, almost contrarily, a residents discount card wouldn’t be.

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16 minutes ago, John Wright said:

There isn’t one, as long as the discount applies to everyone. In fact discounting is written into, and guaranteed by, the user agreement.

no reason, either, in law, why specific groups, students or pensioners, can’t be targeted. Or frequent sailors.

What I very carefully explained, about the 1960’s, was that the discount was funded by government and only applied to midweek return tickets starting off Island, ie to attract tourists. That would almost certainly be against competition law. Strangely, almost contrarily, a residents discount card wouldn’t be.

why strangely? Surely being a rate/tax payer it is not above probability that there would be an odd perk here and there. Onchan residents get a discount to amenities in Onchan Park I believe.

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On 7/13/2019 at 11:12 AM, Non-Believer said:

There is talk John (and admittedly that's all it is at the moment) that some sort of ground/land contamination issue has been discovered and is now going to have to be dealt with.

Peel aren't building as far as I know either. But they've done extremely well out of it to date. The Packet paid for the repairs to extend the life of the PP landing stage (doubtless over a barrel). Then PP were going to contribute £15M. Now IoMG have bought the land and are funding the whole shebang.

Like I said. £100M by the time it's finished. 

I go for £65m. Shall we have a sweep? Should have written off Liverpool altogether. Unless of course Peel want to provide the facilities and collect harbour dues in the traditional way. Perhaps they'd like us to redevelop Heysham Harbour terminal too. It could certainly do with it. 

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3 hours ago, foxdaleliberationfront said:

Sadly the post by dilligaf is symptomatic of the sense of entitlement that many of the now aging baby boomer generation now feel. 

The boomer generation don't NOW feel entitlement. They always have. It comes from post-war indulgence as children, solid home loans as young adults repaid with confetti due to rampant inflation enabling them to build substantial equity and easy pensions drawn for far longer than projected. Totally unfair on the young.  

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1 hour ago, John Wright said:

There isn’t one, as long as the discount applies to everyone. In fact discounting is written into, and guaranteed by, the user agreement.

no reason, either, in law, why specific groups, students or pensioners, can’t be targeted. Or frequent sailors.

What I very carefully explained, about the 1960’s, was that the discount was funded by government and only applied to midweek return tickets starting off Island, ie to attract tourists. That would almost certainly be against competition law. Strangely, almost contrarily, a residents discount card wouldn’t be.

Presumably you mean air competition as the UA precludes other maritime operations.  

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20 minutes ago, woolley said:

The boomer generation don't NOW feel entitlement. They always have. It comes from post-war indulgence as children, solid home loans as young adults repaid with confetti due to rampant inflation enabling them to build substantial equity and easy pensions drawn for far longer than projected. Totally unfair on the young.  

To some extent it even extended a bit further back to those who were born during or just before the War[1], so too young to fight or be impacted much by it, but benefiting from the redistributive effects of rationing (which went on till the 50s) and the post-War NHS and education reforms.  These people were told that the War was about their future and their parents' generation certainly made a lot of sacrifices, not just in the War, but by paying the high taxes to enable the enormous investment that happened afterwards in the 50s and 60s.

Of course this sense of entitlement has been carefully cultivated by the British media, particularly the Press, something that doesn't alter as the years go by, because this is the generation that still buys printed newspapers.  And it is reinforced by constant attacks on those younger than themselves, so as to justify taking away all the advantages that they had.  The people that will take offence at absolutely anything spend the rest of their time denouncing others as snowflakes.

 

[1]  To some extent I think that 'War Babies' would be a better name for this generation, who 'didn't fight but saw all the war films'.  Baby boomers is basically a US coinage and derives from their different demographics and while those Brits born in the later part of the usual 1945-65 window assigned to 'Boomers' certainly got many of the benefits, some (such as lower retirement ages) have already gone for them.

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1 hour ago, woolley said:

Presumably you mean air competition as the UA precludes other maritime operations.  

Not necessarily. Manx residents could object. Tourists aren’t the users of an essential service, residents are.

And that’s a common misconception about the user agreement.

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26 minutes ago, John Wright said:

Not necessarily. Manx residents could object. Tourists aren’t the users of an essential service, residents are.

And that’s a common misconception about the user agreement.

Since when did Manx residents objecting ever change anything one iota?

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38 minutes ago, Roger Mexico said:

To some extent it even extended a bit further back to those who were born during or just before the War[1], so too young to fight or be impacted much by it, but benefiting from the redistributive effects of rationing (which went on till the 50s) and the post-War NHS and education reforms.  These people were told that the War was about their future and their parents' generation certainly made a lot of sacrifices, not just in the War, but by paying the high taxes to enable the enormous investment that happened afterwards in the 50s and 60s.

Of course this sense of entitlement has been carefully cultivated by the British media, particularly the Press, something that doesn't alter as the years go by, because this is the generation that still buys printed newspapers.  And it is reinforced by constant attacks on those younger than themselves, so as to justify taking away all the advantages that they had.  The people that will take offence at absolutely anything spend the rest of their time denouncing others as snowflakes.

 

[1]  To some extent I think that 'War Babies' would be a better name for this generation, who 'didn't fight but saw all the war films'.  Baby boomers is basically a US coinage and derives from their different demographics and while those Brits born in the later part of the usual 1945-65 window assigned to 'Boomers' certainly got many of the benefits, some (such as lower retirement ages) have already gone for them.

Yes. I could go on, as this has been a hobby horse of mine. Free university education with grants and living allowance for the academically able, and easily available (and real) apprenticeships. If not, many good occupations were accessible to learn on the job. If you got fed up with what you were doing, you could change direction and take up another position the same afternoon.

As they grew older, the boomer generation pulled up the ladder. Increasing regulation and bureaucracy led to requirements for degree level education for jobs that never applied in their own younger days. Force feeding of unsuitable candidates into higher education, resulting in a debt encumbered younger population who haven't a hope of buying property on sale at extortionate prices - largely by overoptimistic boomer vendors.

Then the wonders of globalisation whereby deregulated capital - owned largely by affluent boomers in the developed world - has flown out of mature industrial economies to have everything made where it is most efficient (i.e using cheap labour), denying the young the industries and jobs that had provided a good living to previous generations. Welcome to the graduate barista and burger flipper. Even some of the more exalted positions have pretty dire salaries for learned post graduate appointments. I know of plenty that pay experienced people around £30k p.a. A pittance for the study involved and the responsibility taken. It also seems that jobs don't have a graded salary anymore - even in the public sector. Adverts will ask for "expectations" from the candidates which gives the impression they are looking for the person who will work for the cheapest rate rather than the best person. How demotivating even before you start.

Yes. The only thing the boomers didn't have sorted was mortality. The luckier among the young will inherit - eventually. Provided mum and dad boomer don't hang on on the care home until they are a hundred and use up all the booty for themselves again.

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