Responding to Labour's manifesto promise to bring railway franchises into nationalised ownership, SMF research director Nigel Keohane said:
“Arguments in favour of rail nationalisation ignore the significant benefits derived since the introduction of rail franchising, including huge expansion in the number of passenger journeys and an upward trend in quality over recent decades.
“Instead of nationalisation, we should build a market structure that is more passenger-orientated system, whether this is when trains run, how fares are set or how passengers can automatically be compensated when trains are delayed or cancelled.”
Nigel Keohane can be contacted on nigel@smf.co.uk
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NOTES TO EDITORS:
- Relevant research from the SMF:
- Nigel Keohane is the author of Back on track: Reforming rail franchsing, published in December 2016. The press release for the report is here.
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