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Published 10 days ago

Labour promises rail nationalisation within five years of coming to power

  • Labour intends to transfer rail networks to public ownership in its first term without cost to taxpayers by consolidating private contracts into a new entity led by rail experts, announced shadow transport secretary Louise Haigh.
  • A new 'unified, publicly owned, accountable' railway system led by rail experts will replace the current system, with the establishment of a Passenger Standards Authority to oversee operations.
  • Labour's proposal aims to bring cost savings through reduced bidding costs, resource duplication, and operational disputes, while improving customer experience with automatic refunds, digital tickets, and integrated services.
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