August 20, 2017

Archives for October 2012

What is negative growth?

During the past turbulent five years many countries have experienced a reduction in Gross National Income (other terms used are Gross National Product or Gross Domestic Product). The big Western economies such as US and Germany were particularly badly hit in 2009 with significant reductions in GNI. Of course, the economies of countries such as India […]

West coast rail franchise – my spreadsheet is better than yours

Two companies were asked to submit bids to run a rail franchise in the UK for the next 15 years.  The customer is the UK government, which is a bit short of money these days.  Company one, the incumbent rail operator submits a bid, which is acceptable, but company two with a tweak or two […]