Socialist Worker

Corbyn announces new plan for a 'People's Railway'

by Nick Clark
Issue No. 2472

Jeremy Corbyn has promised to renationalise the railways if Labour wins the next general election.

Corbyn was set to outline his plans for a “People’s Railway” at this year’s Labour Party conference in Brighton, which begins this Sunday.

The announcement came as rail boss Nicola Shaw said she could recommend privatising Network Rail, which owns and runs Britain’s rail infrastructure.

The privatisation of British railways began in 1993. A 2013 survey by pollster YouGov showed that 66 percent of people wanted renationalisation.

The Tories hate the idea. International development minister Justine Greening said Corbyn’s plan was an “ideological joyride”.

That’s because nationalisation would mean an attack on the idea that public services should be run for profit.

Money

Train companies such as Virgin have made money by selling expensive tickets while receiving millions of pounds in subsidies from the government.

Corbyn has previously said that he wants to renationalise energy companies and Royal Mail.

Meanwhile Labour shadow chancellor John McDonnell has called for ordinary people’s input into budget proposals and for a meeting of the European left.

Speaking at a TUC congress fringe meeting last week he said, “We’re going to ask local communities to draw up budgets telling us where the priorities should be.

“We’re also going to call a European-wide conference in London of all those forces that are opposed to austerity.”


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