The Labour government wants to renationalise UK railways - but will it be any better this time round?
Articles on rail privatisation
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A recent damning report on probation shows the need to reassess outsourcing by the public sector.
Mathematical software designed to predict multiple outcomes could have helped reduce severe rail disruption.
Under current EU rules, Britain cannot recreate a railway monopoly. It can, however, follow the lead of other EU countries in bringing more of the rail sector into public ownership.
No other country has fully adopted the UK model of railway privatisation. And for good reason.
Estimated cost savings for rail and bus franchising from Infrastructure Australia and PwC will have government treasurers salivating. Problem is, the figures are almost certainly far too high.
The government knows the system is a shambles – but refuses to admit that rail privatisation has failed.
Top contributors
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Senior Lecturer in Accounting, University of Essex
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Researcher in Transport Policy and Governance, UCL
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EPSRC Research Fellow, University of Exeter
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Professor and Director, Institute of Transport and Logistics Studies, University of Sydney
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Professor of Accounting and Public Management, University of Kent
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Professor of Operations Management, Manchester Metropolitan University
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Adjunct Professor, Institute of Transport and Logistics Studies, University of Sydney Business School, University of Sydney
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Visiting Research Fellow, Intelligent Mobility, Manchester Metropolitan University