Study Task 1- For Arguments sake

Most people think that the railway has always been owned by the government but in fact it has spent most of its history in private hands

Britains railways were nationalized by the post war labour part in 1948 and returned to being private in 1993 because of the conservative government, which says it all really!

Renationalizing the railways was suppose to happen again in 1997 but then Tony blair put that to a stop 

The main argument for nationalising the railways again is to reunite all rail networks with the train running on it under a common owner

If the railway was nationalised again it would save money and with all the profits made, it would be reinvested back into the railways, instead of all the profits being distributed to the share holders in other countries.

According to a yougov survey  60 percent of the british public support the idea of renationalizing the railways 

(Train fairs have increased at twice the speed of wages since 2010) and that’s because almost every year for a decade the government has put up the ticket prices by more than inflasion.  But some train fairs have increased by 245% under this system.

Since privatation passenger numbers have  doubled, which has lead to over crowding on trains

Because none of the profits get invested back into the railways they are given to shareholders in countries such as Germany, france and the Netherlands, but the private train operating companies made over 200 million pound in profit last year which we could use to improve the railways instead of the shareholders bank accounts

The promise of privatisation initially was that it would drive competition and competion would drive fairs down but in reality the fairs have only increased making it unaffordable.

The Mersey rail is a joint partnership, it is both a private company and the Netherlands state rail operator’s international arm, and the dutch state takes a share of profits  which totaled £10.77m 

Whereas the London’s Overground network  which is also a joint partnership between the German state rail operator Deutsche Bahn and private company MTR. made £7.54m profit, which is shared between the two

These are screenshots from my presentation for study task 1- For arguments sake, and these are all my notes that I had taken and had used for my presentation.