Railways need full return to public ownership

DEFENDERS of the Starmer government on the left habitually point to its intention to renationalise the railways as an earnest of its radicalism amid so many counter-indicators.
It is not a claim that stands up to much scrutiny. The more details emerge, the less Labour’s plans look anything like the integrated publicly owned railway the country needs.
As is well known, the Tories did not just privatise the network, they shattered it into hundreds of fragments, separating track from train operation, maintenance from both and train ownership from everyone else.
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SOLOMON HUGHES explains how rolling stock companies like Angel Trains will continue milking taxpayers for billions even after renationalisation, as Canadian pension funds and Texan oil billionaires cash in on our daily commutes

One thing about an incoming Labour government looks great: taking the railways into public ownership. But we won’t actually own the trains, warns SOLOMON HUGHES