interesting.I am not sure how privatising the railways properly,helps.
MGM could you explain what you mean,how would you have liked to have seen the railways privatised?
I understood that the railways were nationalised after the second world war, because the private companies that were running them were not able to make a profit.
Also in 1955, a major modernisation programme costing £1.2 billion was authorised by the government. This included the withdrawal of steam traction and its replacement by diesel (and some electric) locomotives.,this was paid for by taxpayers.
how are private companies going to raise similiar money for investment,while maintaining a profit.