Thursday, 16 August 2012

Bring back public ownership of the railways

Steve Bell has excelled himself with this brilliant cartoon:

Now take on board the arguments in Mehdi Hasan's article on re-nationalisation:

This isn't just an ideological or political argument; it's financial. A recent study by the Transport for Quality of Life thinktank found that renationalisation could save the taxpayer £1.2 billion a year "through cheaper borrowing costs, removing shareholders' dividends and reducing fragmentation". £300 million alone, said the study, would be saved if train operating companies were taken into public ownership.

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