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14.00 Institute of Economic Affairs and RSSB

Manchester Central : The Think Tent

Rail Nationalisation vs. Privatisation: What are the implications of a return to wider public ownership?

State control and intervention are popular with the public but is nationalisation the solution to the rail network's problems, or the cause?


The renationalisation of major industry is popular with the public. But when it comes to tackling problems with UK rail services, is renationalisation the best way to deliver vital services? Are consumers better or worse off since the privatisation measures pursued in the 80s and 90s? How do publicly owned companies compare to privately-owned companies? Should we be drifting closer to national ownership, or have we not gone far enough in the direction of private ownership?

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