Voice of the Sunday People: ‘The way profits were creamed off from privatised rail company is scandalous’ – Voice of the People
The way profits were creamed off from one of the privatised rail firms is scandalous.
Today the Sunday People unearths how £35million used to be taken out of the East Coast Line months earlier than it collapsed.
Labour’s Andy McDonald says it’s any other kick in the enamel for rail travellers. He is proper.
The fatcats who run railways are glad to privatise profits however they hand loss-making products and services again to the Government.
This comes on most sensible of remaining week’s reasonable three.2 in step with cent rail building up for a provider which is at easiest patchy and at worst at a standstill.
And the next day to come passengers will face the identical three.2 in step with cent upward push in loads of station automotive parks.
Transport Secretary Chris Grayling has so much to reply to for.
But this newspaper believes the actual solution is in renationalising the railways.
Privatisation has now not labored for rail. Taxpayers nonetheless pay subsidies of just about £7billion a yr. Competition has now not saved fares down.
Critics of public possession cite the terrible British Rail. But that used to be greater than 20 years in the past.
A state-run provider does now not imply travelling again in time. Those sufficiently old to bear in mind will let you know that BR used to be now not that terrible.
Aside from the sandwiches.
Nationalised railways can be extra responsible to the public than privatised ones.
There is one more reason for this, and it is one of idea.
A public provider will have to be owned by means of the public it serves.