A key reason why the line was unprofitable is that Network Rail failed to deliver improved infrastructure – and it’s already in public hands.
Posts Tagged: Railways
It’s time that we returned to the days when the train drivers, the engineers, the signallers, the guards and the planners all worked as one single team.
James Frayne: The most effective case against nationalisation is the one that neither MPs nor businesses want to use
The injection of the truth that it would mean politicians in charge of services is enough to make most people see sense.
James Palmer: Solving the housing crisis needs proper infrastructure – Network Rail is holding us back
This wasteful bureaucratic behemoth is delaying the new stations we need. Conservatives should champion a radical approach with more competition.
Sponsored Post: Darren Caplan: The rail industry is bigger than previously thought – and is ready to deliver even more for UK plc
In total, the industry employs more people than the entire city of Birmingham, and can play a crucial role in the country’s economic future.
Plus: Major’s error. The Prime Minister’s jokes. Let it snow, let it snow, let it snow. And: the angels want to wear my red suit.
“Why shouldn’t a mutual, a not-for-profit, or even a charity be able to bid” to run the East Coast Mainline? Tugendhat on markets.
“Competition doesn’t mean privatisation.” The full text of his speech to the Social Market Foundation and Joseph Rowntree Foundation.
If, God forbid, Corbyn’s nationalisation fantasies ever come to pass, it will be in large part thanks to the offences of the worst public contractors.
The Government must always stand up to businesses’ excesses, without losing sight of the huge benefits that partnerships have brought.
Huw Merriman: Celebrate the successes of rail privatisation – and push for further reform to reduce fares
It would be wrong, and fruitless, to try to ape Labour by denying the clear improvements delivered since the end of British Rail.
Sponsored Post: Darren Caplan: Rail funding is heading in the right direction, but more must be done to smooth ‘boom and bust’
Since my last article, there has been real progress to improve rail funding overall. Next we should consider how to reduce uncertainty within the supply chain.
The train companies have done a good job – the delays are usually caused by the state owned Network Rail which is responsible for the tracks.
WATCH: McDonnell – I refuse to a price on nationalisations, because if I did I would “lose that debate”
Despite not saying how much it will cost, the Shadow Chancellor continues to claim he knows “it will pay for itself”.
How will Corbynomics work in practice? And how much will it really cost?
Divert funds from easing tuition fees into funding Further Education; sensible railway investment in the North; and refocus devolution on cities.