***Tin foil hat time.***
I don't know if it has been mentioned before but if it has, then good.
Maybe LB and LCB don't care right now about profits in WL right now. They have just bought a depot in LV, (plus Newbridge depot), and some new buses, coaches, plus a brand new travelhub in Shandwick Place (not sure if bought or renting), so profits were used from mainline services. Lothian have to give over a dividend to the trams to help with the building of the line from profits. LB have tried to distance themself away from the trams it looks like, and on their website, under Lothian family, have no mention of trams but do with every other bus service inc motorcoaches. So, the spending of profits on those, plus filling in any lost money on LCB 'debt', the less profit LB have for the dividend to give to the trams. Trams are a rival to them ie 100 bus, and with the disruption of the building of the rest of the line, maybe LB just don't care about the tram and would rather not give it as much as it could have? Also, the travel hub says "By Lothian" and no mention of Transport for Edinburgh. Also, on all buses, TfE is nowhere to be seen yet it used to be on them.
https://www.flickr.com/photos/emdjt42/27933811735/ - with
https://www.flickr.com/photos/quomaneastlothian/47978813528 - without but with a huge Lothian sign instead.
And with most of the money being spent on the 2 depots, it's money that is in bricks and mortar, so it's not lost, just tied up.
I did say tin foil hat time but it's a theory... And, if this IS what is happening, then we might see more investment than before. Another new depot for example?
NOT saying it is true, just something I thought about when looking at some buses and the shop recently as it is a good way of spending profits without low risk on losing it.