On the day the new Scotrail franchise begins, the Scottish Greens are highlighting their election pledge for public ownership of the railways as the default option when franchises come up for renewal. Abellio, the new Scotrail operator, is the state-owned rail company of the Netherlands, but UK law currently prevents public sector bids for rail franchises.
The Greens have today published a new briefing on the issue, highlighting the RMT’s calculation that fares would fall by 7% if Scotrail did not pay dividends to shareholders.…
Since rail privatisation in the 1990s fares have risen sharply, taking them well above the European averages.
East Coast, before George Osborne handed it to Virgin/Stagecoach, returned a surplus of over £200m to the public purse.…