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renationalising railways

(131 Posts)
spabbygirl Thu 25-Apr-24 11:59:43

I'm delighted to read Labour are going to renationalise railways within 5 years, I can't think of any privatised company that has provided a better service than we had when it was state run. Privatised also costs more, shareholders get eyewatering sums. I was on a so called smart motorway recently and I thought then the lack of a side safe place, not sure what they're called, was just penny pinching.
I was disappointed in Keir as leader though I would always vote Labour, he said very little for years but now I see that as a tactic to avoid the critics of the right wing press and keep the pages of the papers free for the scandals, of which the Tories, and it is mostly the Tories, seem to have a never ending supply of.
I also love the way Mick Lynch nails every interview with just short, sharp and to the point arguments, I copy that style myself now, not that I have much cause for debate.
What do you all think of it?

Granmarderby10 Thu 25-Apr-24 19:13:45

I think that our railways seem to be still dwelling in the 18th century in as much as they are a domain unto themselves ie transport police, and all these complicated fares and rules about tickets and a lack of connection between what the travelling, paying, public expect with regard to decent conditions and what they actually get.
I feel the same about the good old Post Office now.

Katie59 Thu 25-Apr-24 20:34:16

We only use the train to get to city centres because parking in any city centre is so difficult, other destinations it’s just so much quicker by car, cross country by train is difficult

Wyllow3 Thu 25-Apr-24 20:52:36

Just to point out it's not just about passengers. Getting freight back on the roads as part of a positive plan going forward climate and other wise

growstuff Thu 25-Apr-24 21:45:33

Katie59

We only use the train to get to city centres because parking in any city centre is so difficult, other destinations it’s just so much quicker by car, cross country by train is difficult

If I'm travelling alone, I travel quite often by train (with my Senior Railcard), but only if I can get a decent price. I'm not ready to give up on my little car yet.

The "lottery" involved in buying tickets is frustrating. I'd also like to see better co-ordination between local bus services and train arrivals.

I'm lucky because the station in my town is on the Stansted Airport line, so trains are quite frequent - although (as I discovered recently) trains don't run early enough if you have an early morning flight.

Grantanow Fri 26-Apr-24 11:52:01

Germanshepherdsmum

I have heard no mention of the phenomenal cost of renationalisation. And yet I watched Emily Thornberry being interviewed yesterday, saying that there would be no uncosted policies.

If Labour wait for the operating contracts to fall in there won't be significant costs. But I wish Labour would focus also on the water monopolies which should never have been created.

spabbygirl Fri 26-Apr-24 13:00:45

I wish Labour would start with water, perhaps they will? Either way a vote for them would be a step in the right direction, and yes waiting for the existing contracts to expire is the way to do it

Germanshepherdsmum Fri 26-Apr-24 13:22:39

Here’s food for thought about the cost and effect of nationalising the water industry.
www.smf.co.uk/wp-content/uploads/2018/02/The-cost-of-nationalising-the-water-industry-in-England.pdf

Casdon Fri 26-Apr-24 13:27:11

Here’s the latest position with Thames Water too.
www.bloomberg.com/news/articles/2024-04-26/thames-water-crisis-puts-100-billion-uk-investment-plan-at-risk

Germanshepherdsmum Fri 26-Apr-24 13:29:56

Not such a straightforward thing as some posters think.

Casdon Fri 26-Apr-24 13:32:18

No, I tried saying that earlier on the thread - ultimately it’s possible, but it will be hugely expensive and it definitely couldn’t happen within five years.

Germanshepherdsmum Fri 26-Apr-24 13:42:37

I have also talked about the cost, which was dismissed. There were comments such as ‘Thames Water will soon be bankrupt so it won’t cost anything’. I hope people’s eyes will be opened to the reality of the cost of nationalisation and the potential ongoing cost, and that they are willing to pay higher bills and taxes

Casdon Fri 26-Apr-24 13:47:43

I can’t see any other outcome for Thames Water than exactly that. It remains to be seen how the public and other companies respond to what happens with that.

Germanshepherdsmum Fri 26-Apr-24 13:58:43

If it becomes bankrupt there will be secured creditors, assets and shareholders. It doesn’t mean that the company comes at no cost.

Casdon Fri 26-Apr-24 14:08:16

No, it says that in the article I posted. It’s not just the cost of buyout, it’s also the cost of the reparation of the infrastructure and investment needed to bring it up to any kind of standard. Just for one company out of a number.

Germanshepherdsmum Fri 26-Apr-24 14:44:18

Indeed. I hope people will read and understand this.

Katie59 Fri 26-Apr-24 16:00:41

Germanshepherdsmum

Here’s food for thought about the cost and effect of nationalising the water industry.
www.smf.co.uk/wp-content/uploads/2018/02/The-cost-of-nationalising-the-water-industry-in-England.pdf

This research is somewhat out of date and is pondering whether nationalization would result in lower prices, today that is not a realistic option.

It is clear that since 2018 there has been massive under investment the amount that needs investing has skyrocketed any thought of reduced prices should be forgotten, if we want better environmental protection we should be prepared to pay for them.

The research estimates £90bn much more now, to take over the industry a similar sum to HS2 but what price clean rivers?.

Germanshepherdsmum Fri 26-Apr-24 16:05:00

Whatever the price, it will be coming out of our pockets.

Katie59 Fri 26-Apr-24 17:42:32

Germanshepherdsmum

Whatever the price, it will be coming out of our pockets.

Yep!

Wyllow3 Fri 26-Apr-24 18:11:12

Well yes - but building a viable climate friendly economy with a good transport system as part of economic regeneration and growth was never going to be "Free", was it?
Its a question of choices of whats worth investing in for this end in mind.

MaizieD Fri 26-Apr-24 18:55:57

Germanshepherdsmum

Whatever the price, it will be coming out of our pockets.

All that comes out of our pockets is money that the government, either directly through spending, or indirectly by licensing commercial banks to issue money, put in our pockets in the first place. Much of it will be taxed back from the people or organisations that received that money not from the entire taxpaying population.

Katie59 Fri 26-Apr-24 19:07:16

MaizieD

Germanshepherdsmum

Whatever the price, it will be coming out of our pockets.

All that comes out of our pockets is money that the government, either directly through spending, or indirectly by licensing commercial banks to issue money, put in our pockets in the first place. Much of it will be taxed back from the people or organisations that received that money not from the entire taxpaying population.

It doesn’t have to be “taxed” back those of us that can afford it can pay, we get too many cut price or free services, means testing by any other name, most other countries do it the UK could too.

Germanshepherdsmum Fri 26-Apr-24 19:35:05

Don’t forget that nationalised industries will be competing with the NHS, education et al for funding.

Aveline Fri 26-Apr-24 19:46:38

I don't remember the old nationalised railways as being much good. In fact they were so poor that something had to be done. We're just going round in circles.

Ladyleftfieldlover Fri 26-Apr-24 19:47:07

To cut to the chase, we need a GE pdq. Tories out, Labour in. The country has had enough of this dreadful government.

Callistemon21 Fri 26-Apr-24 19:50:25

Aveline

I don't remember the old nationalised railways as being much good. In fact they were so poor that something had to be done. We're just going round in circles.

We used them a lot when I was a child as we didn't have a car.
D used them to travel to and from school.

All those years ago they were very good and reliable but then I do remember a decline in the 1960s/70s.
You'd sink into a seat and a cloud of dust would appear around you, trains became more unreliable, sat in sidings for long periods of time making passengers late and a general decline.