White Paper falls short of renationalisation

The Williams-Shapps Plan’s proposals fall short of renationalisation. Privately owned train operating companies will still run services, with franchises replaced by contracts that will incentivise the private firms on punctuality and efficiency rather than raising revenue. GBR will contract private partners to operate most trains to the timetables and fares it specifies, a model like that used by Transport for London in its Overground and Docklands Light Railway services.

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