UK's Labour outlines plan to renationalise railways within 5 years
Hindustan TimesLONDON, - Britain's opposition Labour Party said it planned to renationalise the country's rail network within five years without paying compensation to private operators as it set out its plans to fix the troubled railway system. UK's Labour outlines plan to renationalise railways within 5 years Britain's train services were privatised in the 1990s but several operators have been renationalised in recent years, some of them losing their franchises after underperforming. Labour wants to set up a publicly owned Great British Railways which will inherit passenger rail contracts currently held by private firms as they expire, a process it expects to be completed within its first term in office. The government's proposals would group responsibility for rail infrastructure and services under GBR while maintaining a franchise system, giving it the role of contracting out passenger services to private firms.
History of this topic
Rail fares will continue to rise under Labour’s public ownership plan, transport secretary indicates
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Trains can only get better, says the government – let’s see
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South Western Railway to become first rail operator to return to public ownership
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Starmer Govt Releases Plans To Renationalise UK’s Privately-Owned Railways
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How would Labour’s plan to nationalise the railways work?
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Why Labour’s plan to revive British Rail won’t bring down ticket prices
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Labour pledge to renationalise railways within five years
The Independent
Creation of Great British Railways delayed
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