Pro-business papers counter “nostalgia” for state-run railways

With rail renationalisation quite likely to become official Labour Party policy in a few weeks’ time, some papers have begun to try and remind readers that things weren’t necessarily that wonderful the last time Britain had a state-run rail network

Rik Thomas

21 August 2015

Jeremy Corbin’s proposal to renationalise the rail network did not meet with the approval of The Daily Telegraph or The Financial Times

AS THE contest to determine the next leader of the Labour Party trundles on, the main transport policy under discussion has been whether or not the rail network should be renationalised if and when Labour returns to power, as advocated by leadership frontrunner Jeremy Corbin. Supporting the concept, author Andrew Martin said in The Guardian on 8 August that: “Bringing the railways under state control is not a radical policy. It would bring us into line with the European norm, and it is...