Re: Re-nationalisation of Rail in Britain?

[Bill <wguest@xtra.co.nz>]

There was an excellent analysis of the bungles that occurred in the UK's rail
privatisation in The Economist about 4-6 weeks ago. A number of companies and
individuals have made huge windfall profits, while services are deteriorating.
Further, there is evidence that the rail infrastructure (vested in RailTrack)
is not being improved, and may even be running down. The Economist was saying
that some difficult decisions will have to be made, and legislation passed to
reverse the trends. A fine example of how not to do it!

Bill

David Bennetts wrote:

> Anyone following the scene in Britain would be aware that privatisation has
> not gone smoothly, with a number of services deteriorating rather than
> improving.  The trains may be more colourful, but the gloss may be
> superficial.  Now the UK Parliament is considering legislation which could
> lead to creeping re-nationalisation of the rail network, according to an
> international firm of lawyers.  Refer BBC news at http://news.bbc.co.uk for
> more detail.   Watch out Jeff Kennett and others, are we going the same way
> here as Britain?
>
> Regards
>
> David Bennetts
> Canberra