Boris Johnson to steal key Labour policy taking rail back into public ownership - News Summed Up

Boris Johnson to steal key Labour policy taking rail back into public ownership


Sign up to FREE daily email alerts from Mirror - politics Subscribe Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid EmailBoris Johnson plans to steal a key Labour policy by taking the rail network back into public ownership to get trains running on time. A new rail tsar, predicted to be ex-Network Rail CEO Andrew Haines, will be appointed to oversee the reform. Its proposals are expected to involve a “half-way house” model of public ownership whereby the Government takes control and revenue but returns cash to successfully performing firms. The first is expected to be Northern Rail – already taken into public ownership after its financial collapse. Others include Great Western and South Eastern, whose franchises run out on April 1, and South Western, which lost £137million last year.


Source: Daily Mirror February 08, 2020 21:45 UTC



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