When rail transport was privatised, we were told it would become cheaper and more cost-effective. That has not happened.
Instead, subsidies to private rail companies from the public purse have mushroomed – in 2012 we were paying four times more on subsidies for private rail companies than we ever did on British Rail. Can anybody tell us how high that subsidy has risen in the nearly four years since then?
Public demand is for renationalisation. Under Ed Miliband, Labour seemed to squirm at the prospect of giving people what they want and instead proposed a public-sector service that would compete for franchises with the private firms.
Perhaps it is this reticence that lost Labour the election last May?
Thankfully we now have a Labour leader in Jeremy Corbyn – and a Labour Party – who has realised that this was a mistake and is calling for for full renationalisation, in line with the wishes of the public.
It seems Labour is the only party willing to respond to public demands appropriately.
Commuters will be paying an average of 25% more for rail season tickets since David Cameron took office, Labour has calculated.
Fares are set to rise by an average of 1.1% on Saturday and the shadow transport secretary, Lilian Greenwood, said that would mean passengers being hit by a “truly staggering” rise of up to £2,000 in cash terms since 2010.
The Labour leader, Jeremy Corbyn, used the latest annual increase to repeat his call for the nationalisation of train services, claiming it was a scandal that commuters’ money was being used to boost the profits of private firms and foreign state-owned operators.
The analysis compared costs on more than 200 routes between 2010, when the coalition came to power, and when the new prices come into effect on Saturday.
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