[anon1385]

Even the Financial Times, notoriously partisan backers of privatisation and markets, struggles to make the case for rail privatisation these days (although they do try, bless them).

https://www.ft.com/content/d82848ca-f7ba-11e7-88f7-5465a6ce1...

>There is a growing consensus among both executives and industry experts as well as the public that Britain’s unique attempt to create competition on Britain’s rail network has not delivered.

>While it has led to more services, and encouraged more users to pay higher prices, it has not unleashed the productivity improvement necessary both to upgrade the network and stabilise the network’s finances.

>Over the same period, for instance, London’s state-owned metro network, Transport for London, has grown just as quickly and delivered much more state-of-the-art investment.