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TBF though if Sir Beer is upsetting the Abacus he's doing something right.
TBF though if Sir Beer is upsetting the Abacus he's doing something right.
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How would labour pay for it then Gromit?
The problem is it wouldnt fix the problem, the public would then just be hit by strikes from militant unions and total mismanagement costing the earth - as we have seen before with nationalised companies
What is required are annual well written contracts that allow for profit but force targets for infrastructure and the such like which if not met will result in punitive penalties or the contract being withdrawn.
The problem is it wouldnt fix the problem, the public would then just be hit by strikes from militant unions and total mismanagement costing the earth - as we have seen before with nationalised companies
What is required are annual well written contracts that allow for profit but force targets for infrastructure and the such like which if not met will result in punitive penalties or the contract being withdrawn.
There are plenty of News stories on labour and Nationalisation row including The Guardian.
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Dont know what happened there - if only for an edit facility :-)
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I don’t know what the fuss is about. The railways are nationalised in all but name now anyway. Network Rail has been nationalised for twenty years and its debts (more than £50bn) now appear on public accounts. Many of the Train Operating Companies (TOCs) were in a bad way before the pandemic. Some franchises were surrendered part way through with one particularly damaging collapse (LNER). The pandemic finished them off as going concerns with their franchises being suspended. The DfT currently meets the operating costs of running the railways and the TOCs receive a fixed fee to cover their costs.
Privatising the railways was a good idea but the model adopted to achieve it was a disaster. The biggest mistake was the abandonment of an Integrated infrastructure and train operating model. This had served the railways more or less satisfactorily since their birth, and certainly very well between Grouping in 1923 and Nationalisation in 1948 – a period that was probably the finest in Britain’s railway history. The unsatisfactory model was forced on the government by the EU, under the EU Directive 91/440. This stipulated that the organisations running railway infrastructure and those running trains must be separate. A further directive – The Single European Railway Directive – was launched in 2012 and this stipulated that all networks must be openly available to all operators across the EU. Interestingly this led the UK’s rail unions to call for their members to vote to Leave the EU. A bit off-topic here but it indicates, to those in any doubt, the pernicious influence the EU has on its member nations' affairs.
A review of Britain’s rail strategy was begun in 2018 following the disastrous fallout from the timetable change. The pandemic threw much of the plans that came out of that review into doubt. A “30 year strategic plan” is due for publication later this year and hopefully that will garner the best from privatisation and ditch the worst.
Privatising the railways was a good idea but the model adopted to achieve it was a disaster. The biggest mistake was the abandonment of an Integrated infrastructure and train operating model. This had served the railways more or less satisfactorily since their birth, and certainly very well between Grouping in 1923 and Nationalisation in 1948 – a period that was probably the finest in Britain’s railway history. The unsatisfactory model was forced on the government by the EU, under the EU Directive 91/440. This stipulated that the organisations running railway infrastructure and those running trains must be separate. A further directive – The Single European Railway Directive – was launched in 2012 and this stipulated that all networks must be openly available to all operators across the EU. Interestingly this led the UK’s rail unions to call for their members to vote to Leave the EU. A bit off-topic here but it indicates, to those in any doubt, the pernicious influence the EU has on its member nations' affairs.
A review of Britain’s rail strategy was begun in 2018 following the disastrous fallout from the timetable change. The pandemic threw much of the plans that came out of that review into doubt. A “30 year strategic plan” is due for publication later this year and hopefully that will garner the best from privatisation and ditch the worst.
Privatisation of the utility companies has been a huge disaster. We were told it would lead to increased competition and lower prices. But that never happened.
When we privatised them the public were not told they would probably become French, Italian and German companies, and the huge profits going to their European owners.
I hear lots of people calling for them to be renationalised - usually brexiters funnily enough.
When we privatised them the public were not told they would probably become French, Italian and German companies, and the huge profits going to their European owners.
I hear lots of people calling for them to be renationalised - usually brexiters funnily enough.
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