All articles by Verdict Staff

Verdict Staff

Cover story: All change

Since the current credit crisis began to manifest itself within the asset finance industry last year, Leasing Life has reported a growing number of incidents of major business restructuring with worryingly increasing frequency

Competition Commission blasts ROSCOs over train leasing costs

Competition Commission blasts ROSCOs over train leasing costs A lack of competition in the UKs rolling stock leasing market is driving up rental prices and severely limiting options available to train operators, a preliminary Competition Commission (CC) report has found. The provisional findings published today outlined how a lack of rivalry between the three rolling stock operating companies (ROSCOs) for existing train leasing contracts was inhibiting flexibility and restricting alternative choices for train operating companies (TOCs), despite high competition for first leases of new rolling stock.