Tenth Anniversary Of Rail Privatisation
EDM number 1561 in 2005-06, proposed by John McDonnell on 02/02/2006.
That this House notes 4th February marks the 10th anniversary of private rail passenger franchises coming onto the railways under the disastrous Tory privatisation; is concerned that since that time rail fares have increased in real terms and punctuality remains worse than under public ownership; further notes the Catalyst think-tank report showing that the private sector has drained over £6 billion from the public sector since privatisation; welcomes the conclusion of the Catalyst report that renationalising the rail network would save £500 million a year; and therefore urges the Government to take early steps to implement Labour Party policy of an integrated, accountable and publicly owned railway.
This motion has been signed by a total of 41 MPs.
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