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From The Socialist newspaper, 6 January 2022

More fares misery for passengers - renationalise the railways

  (Click to enlarge)

For many hard-pressed households this Christmas, news of a hefty 3.8% increase in regulated rail fares (the largest rise since 2013) will add to the prospect of a gloomy New Year.

It means that average rail fares on the privately operated/government-subsidised railways have risen by nearly 50% over the last decade. Since privatisation in 1996, all rail fares have risen by over 20% in real terms. This rise seems an odd way to encourage people to use public transport.

However, the government is keen to claw back public expenditure, having thrown shedloads of cash at private companies (especially ones owned by their chums) during the pandemic.

Last year, the RMT transport union found that Britain's private rail companies stood to make almost £500 million in profits out of the Covid-19 crisis on UK railways over a 12-month period. But if that money was instead invested in the railways, it could mean a 5% cut in rail fares.

Network Rail, the public body responsible for running the rail network infrastructure, has now been clobbered with a £1.5 billion annual cut in funding.

Union fight

Rail unions are gearing up to fight the expected attack on jobs, working conditions, and services.

And, while the government bragged about its 'green' credentials at November's COP26 climate change summit, the fact remains that over the last decade rail fares have risen at or above the rate of inflation, whereas fuel duty on petrol and diesel has shrunk in real terms.

Privatisation and successive government policies have resulted in an expensive and dysfunctional railway industry which is simply a milch cow for private operators.

Renationalisation under democratic workers' control and management, as part of an overall economic plan of production, could instead result in cheaper and more frequent trains via a programme of massive public investment. This would then incentivise a switch to rail travel.

Dave Carr

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In The Socialist 6 January 2022:


News

Tories' cost of living squeeze - build the workers' fightback

NHS Covid staff crisis

Blair knighted for services to the rich and powerful

Tory test shortage failure

More fares misery for passengers - renationalise the railways

Schools: union action needed for Covid safety


Capitalism in crisis

Britain in 2022: Build a coordinated working-class fightback


Workplace news

Strike threat forces Tesco to improve pay offer

West Mids metalworkers strike over pay

Sheffield JustEat couriers escalate dispute

Scunny scaffs enter twelfth week of strike action

S. Yorks Stagecoach workers start indefinite strike

Invergordon posties mutiny


International news

Chile's working class delivers a landslide vote against ultra-right Kast


Socialist history

New unionism - when mass workers' action changed Britain


Local elections

TUSC appeals for widest possible anti-austerity socialist unity for May elections


Campaigns news

Coventry: Private profits from hospital parking

Fighting Fund - 162% of target, 162,000 raised

Trinity Centre: Shameful eviction by Newham council


Obituary

Obituary: Kate Jones - 1953-2021


 

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