Should British railways be re-nationalised?
There are some excellent answer above. All I would add is that it is probably to late now to renationalise the railways, and probably would cause more problems that it would solve. What does need to happen, however, is that the lumbering system that John Major’s Tory Government bequeathed to the nation (and let’s not forget it was the Tories who bungled the whole issue and carved up a national asset to the financial benefit of their city cronies) needs radical overhaul. The horizontal integration has to be abolished and steel reunited with wheel, without the nonsenses of Network Rail and rolling stock leasing companies. All this is doing is making vast sums of money for city accountants and lawyers which would be far better invested in the railways. We need to be looking at say four, or possibly five, regional companies in England, basically on the lines of the grouped companies, with separate companies for Wales and Scotland with each company totally responsible for it’s own infrastru