News0 min ago
Credit Where It's Due.....
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I welcome this though they must not fall into running it like the old BR. Massive overmanning and innefficiency etc. I've long said that the railways should be nationalised and subsidised. The money can come from motoring which is clearly far too cheap. Heading in the right direction. I couldn't ever vote Labour but they are making the right noises in some areas so it will be less painful when they get in.
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perhaps more interesting than what's in it, is what's not - no mention of Network Rail, no mention of electrification and the biggie, no mention of the rolling stock owners, most of whom are in the hands of venture capitalists.
All good to hear, except where is the money coming from ? Are we not already in debt ? Aren't they going to nationalise the water companies first ? And ultimately can they be trusted wrt the EU etc. ?
(And motoring isn't cheap. But it's the only decent form of private transport in the game. A freedom much appreciated.)
Sadly though it's a non starter. For one the Government (especially labour) will be in hock to the Union barons there will be no moving with the times and we will return to BR days.
Secondly Government (Civil servants) couldnt run a bath, so forget an efficient train service. The money currently given to shareholders will pale into insignificance.
As for the rolling stock as I undertand it much of it is leased.