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Time to boot out the privateers
Labour must call it a day on the privatised rail gravy train, says Manuel Cortes

The privateers are really up in arms. Stagecoach boss Martin Griffiths, who must be something of a clairvoyant, managed to dismiss Labour’s new rail policy in mid-July as “unworkable” because it would recreate the so-called failures of nationalisation. 

And that was six days before the issue had even been discussed at the party’s policy forum. 

Since Labour announced its new rail policy, a stream of rail bosses have come out to denounce it. They’ve had the temerity to claim that the creation of a public-sector train operator is “unfair.” 

  • As a priority, review the failed franchising process and put in place a system that safeguards the interests of passengers and taxpayers
  • Create a new public body which makes the industry accountable to Parliament. It will be “the guiding mind” overseeing our industry and planning investment. It will be responsible for routes, co-ordination of services, overseeing stations, fares, ticketing and skills
  • Devolve decisions for running rail services to regional authorities and to Scotland and Wales, so they can bring together trains, buses, ferries and trams into a single network
  • Give Network Rail responsibility for procurement and leasing of new trains
  • Simplify fares and cap them on every route while also giving passengers the legal right to the cheapest fares.
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