Britain’s only publicly owned railway delivered record performance for passengers before Tory sell-off
Britain’s only publicly owned railway was delivering all-time record levels of punctuality before it was flogged off by the Tory Government last year.
The last end-of-year report on the East Coast mainline found passenger satisfaction was also at an “all-time record” for any long-distance line by mid-2015.
Publicly-owned Directly Operated Railways also made more than £1billion for the Treasury before the line was privatised in May 2015, the report shows.
Labour’s Shadow Transport Secretary Lilian Greenwood said: “This report proves once and for all that public ownership of the railways would deliver better services for passengers.
“It delivered record punctuality and satisfaction scores for passengers alongside better working conditions for staff.”
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Would be good to see what the directors now get paid v’s what those in charge got as public employees and of course how the magic of privitisation has fared in the short time of ownership. Probably a bit early for cost cutting results and subsequent decline in service as a result. Would still like to see if back renationalised as I think we know what the long term results will be.
The fact that it was profitable and the public were pleased with the service means nothing to the Tories, who, however much it may benefit the majority, are just not interested in anything from which they and their wealthy chums cannot make a great deal of money. I wouldn’t be surprised to hear soon that the subsidy to this so-called private operating company is enormous.