Save UK Rail

The North East has a lrail trackong and proud connection to the railways. In 1825, George Stephenson’s engine – locomotion, became the world’s first steam locomotive to carry passengers, and the public railway was born. In the years following thousands of miles of rail track were laid connecting every part of the UK, as the industrial revolution became driven by steam.

The railways today remain an essential part of our national infrastructure and their success or failure inevitably has an impact on the strength of our economy. However, too many people have been priced out of rail, and those with no option but to commute by rail face excessive year on year fare rises, overcrowding and little sign of improvement despite billions of pounds in subsidies provided to the train operators. According to the report Rebuilding Rail, the cost of a privatised railway has been £1.2 billion a year more, than had it remained in public ownership.  Continue reading

State ownership of rail is only the start

rail trackAs the 31 Labour parliamentary candidates are demanding in their letter to Miliband, the case for returning rail to the public sector after the botched privatisation of 1996 is overwhelming. Private ownership has produced for the UK the highest fares in Europe, extensive overcrowding on commuter lines because of giving priority to dividends for shareholders over investment and quality service for the public, and the need for public subsidies to be doubled to £4bn a year.

Renationalisation won’t cost taxpayers a penny, because as the existing franchises fall due, they can simply not be renewed but transferred to the public sector. The electorate wants this by 55 to 18 per cent, and it would be a significant factor in reducing the cost-of-living crisis for the travelling public. But this is just the harbinger for a much bigger change. Continue reading

The false logic of the privatisation of the East Coast mainline

The Coalition government has announced its intention to privatise the East Coast mainline rail network. The network was nationalised 3 years ago when the previous private operators discontinued their franchise because they could not make a profit.

The re-privatisation of the East Coast mainline highlights a key fallacy of the current government’s failed economic policy. It also sheds light on the role of the state in resolving the current crisis. Continue reading