Mike Collins <
cmik...@gmail.com> wrote:
> On Thursday, 26 January 2023 at 18:26:05 UTC, Spike wrote:
>> Mike Collins <
cmik...@gmail.com> wrote:
>>> On Thursday, 26 January 2023 at 16:26:13 UTC, Spike wrote:
>>>> John Parkin, professor of transport engineering at the University of the
>>>> West of England, says the bike-docking hire schemes helped enable the
>>>> long-term subscription businesses to take off. This is because more people
>>>> got used both to cycling and to using a bike that they didn't own.
>>>>
>>>> However, Prof Parkin, who is also deputy director of the university's
>>>> Centre for Transport and Society, says a major challenge for the companies
>>>> involved is the sheer capital expenditure of buying all the bikes in the
>>>> first place. "It's massive capital and it's burning capital," he says.
>>>>
>>>> "I'm not sure where the profitability lies, as maintenance and moving them
>>>> across cities is a massive cost, so keeping a lid on costs is probably a
>>>> challenge for such companies."
>>>>
>>>>
https://www.bbc.co.uk/news/business-64371657
>>>>
>>>> --
>>>> Spike
>>> Offset by the £30 billion annual motoring subsidy.
>> Doubtless paid for by the £40bn raised from motor vehicles….
> You seem to have misspelled £7.2 billion raised in VED, since that is the
> only motor vehicle tax
That’s not what I said. Have another read.
[Hint: ‘tax raised from motor vehicles’ > VED]
> of which £12 billion is spent on motorway maintenance.
So where does the other £28bn raised from motor vehicles get spent?
> Then there is the 4th power of axle loading rule for local council funded roads.
When I researched your worn out shibboleth, it related to a rule of thumb
that was in vogue back in the days before computers, that was based on what
was suspected about the properties of the materials used for building
roads.
These days we know better.
Nice try, but time you moved on.
--
Spike