Labour calls for renationalisation after ‘staggering’ rail fare rises

‘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.’

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