Most of the privatisation had happened by the time Labour came into power. If Labour win in 2015, I hope they will allow the franchises to lapse and run the railways as a public corporation. East Cost Trains have proved that it is possible for a publicly owned railway to make money. The taxpayer and the travelling public are being ripped off by the likes of Virgin, First and Stagecoach.
I'm not sure we are being ripped off by those companies because I'm very sure that if the railways were still in public ownership we would have been paying similar prices in order to keep the whole train from crashing. But personally I was never in favour of privatising either the train or bus services as they were public services and like all public services they existed to serve, not to make profit. However, in order to afford to run the whole system now without any private sector money at all then there would be costs elsewhere in public services and I'm not so sure that would go down too well.
It's interesting to note that more people use trains now than did when they were nationalised.
Edited by Saintslass, 15 March 2014 - 08:43 PM.