Labour Admits Rail Nationalisation Won’t Lower Fares

Labour have today pledged to renationalise most passenger rail services within five years if they grab the keys to Downing Street, bringing the railways under state control. Shadow Transport Secretary Louise Haigh went on the Today Programme to try and sell the idea to listeners. Unsurprisingly, she wasn’t too convincing…

She repeatedly said “I can’t promise we will lower fares“, and even when faced with the question that fares could actually go up under the plans, Haigh didn’t deny it. Instead she rolled out the line that fares would be “simpler“. Simpler doesn’t mean cheaper…

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