Read an interesting article today that said we are currently giving more in subsidies to private companies to run our railways each year than we ever spent when British Rail was actually owned by us.
When the East Coast franchise expired, we took it back into public ownership and it received the best scores of any rail service in all of the UK, based on customer satisfaction. Now that it's in private hands, it's going back down again. Also, we didn't even run it at a loss - we made a profit on it!
Public support for nationalising the railways again has always been high, and East Coast shows we can do it and do it well. So why are the media demonising the Lib Dems, Labour and the Greens for wanting to renationalise it all? It baffles me.
Why should we be paying sky high fares with all the profits going to shareholders?