RENATIONALISING Britain’s railways is the only way to fix the “completely broken” franchising model that has wreaked havoc across the country, Jeremy Corbyn said on Saturday.

Addressing the TSSA conference in Leicester, the Labour leader said he was “utterly determined” to bring rail franchises back into public ownership and also reaffirmed the party’s manifesto pledge to invest £2.5 billion in Britain’s railways.

Mr Corbyn attacked the eight years of Tory austerity that had compounded the errors of the great railway sell-off, telling delegates: “You can’t cut your way out of austerity. You invest your way to growth in the future.”