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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?

RVK1CR Thu 02-May-24 03:37:57

GrannyGravy13

It’s a no from me.

If anything is to be prioritised for nationalisation it should be water & sewage.

Totally agree with you on that. It is an essential utility and should never have been sold to investors. The dividend seems to come before investment in new pipes and reservoirs.

Macadia Thu 02-May-24 04:32:09

Bump

daniellemill Sat 04-May-24 12:19:22

www.herefordtimes.com/news/business/23145747.new-trains-introduced-south-wales-manchester-route/here
It makes me happy that our lives are being modernized and improved! And there are always negative sides to any action, these are like reforms that are not perceived positively by people at first, but then are perceived well by everyone!

Rosie51 Sat 04-May-24 12:31:46

RVK1CR

GrannyGravy13

It’s a no from me.

If anything is to be prioritised for nationalisation it should be water & sewage.

Totally agree with you on that. It is an essential utility and should never have been sold to investors. The dividend seems to come before investment in new pipes and reservoirs.

The dividend seems to come before investment in new pipes and reservoirs.
It did, but the bigger scandal is that they borrowed money to pay dividends! A company that is not making a profit should pay zero dividends. I've been on the receiving end of that, and it was fair and the risk I took.

Cossy Sat 04-May-24 12:32:27

daniellemill

www.herefordtimes.com/news/business/23145747.new-trains-introduced-south-wales-manchester-route/here
It makes me happy that our lives are being modernized and improved! And there are always negative sides to any action, these are like reforms that are not perceived positively by people at first, but then are perceived well by everyone!

If it were both practical and possible why would renationalising mean no investment and no new train/routes? Prior to selling them off we weren’t catching steam trains still?