Labour to pledge to renationalise railways if elected
by Helen Corbett
Apr 25, 2024
3 minutes
Labour will pledge to renationalise the railways if elected, in what the party will call the “biggest overhaul to our railways in a generation.”
A Labour government would expect to transfer rail networks to public ownership within its first term by folding existing private passenger rail contracts into a new body as they expire, shadow transport secretary Louise Haigh will say at a launch event on Thursday.
The plan will nationalise the network “without the taxpayer paying a penny in compensation costs”, the
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