Tuesday 5th November marks the 20th Anniversary of the Act that privatised our railways.
That’s 20 years of privatisation that has failed on all of its promises. Fares have rocketed, public subsidy more than doubled and there has been little in the way of new private investment.
Instead we have a fragmented, complex and dysfunctional rail system that increases costs, confuses passengers and remains reliant on taxpayer funding.
At the same time, the private groups (and in some cases foreign governments) that own your train operating companies continue to earn huge returns on minimal investment, profits that would simply not exist were it not for public subsidy.
Something is clearly wrong with the system.
It doesn’t have to be like this
Publicly owned railways in Europe cost less to run with lower fares. And every penny made on the railways gets reinvested for the benefit of passengers and taxpayers, not shareholders.
Our research shows that £1.2bn a year is squandered through the fragmentation, inefficiency and cash leaking out of the service in the form of profits and dividends as a result of rail privatisation. That’s enough to fund an 18% cut in fares.
Public ownership of Britain’s railways could mean lower fares and your money invested in staff and services.
That’s not only good for passengers and taxpayers but also our economy and our environment.
Take action now:
Join us at stations across the country, meeting passengers and letting them know about our campaign for a national, integrated railway under public ownership.
Ask them to support rail services that put passengers and taxpayers first. Ask your MP to sign Early Day Motion 419 and make their support known for publicly owned railways for Britain.
We’ve produced this short animation to highlight the impact of rail privatisation with profits going straight into the pockets of rail company bosses and shareholders whilst fares increase and cuts are made to staffing, maintenance and infrastructure. Please share this video with your friends to help us spread the word about Action for Rail.