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Why did we sell off the railways?

Geoff Riley

29th April 2018

The FT has this super video interviewing people on both sides of the rail nationalisation/ privatisation debate. A great resource to use as background to teaching the economics of private versus public ownership.

Why did we sell off the railways?


The Public Accounts Committee have suggested in a new report (April 2018) that the current state of the railways implies that the current franchising system isn't fit for purpose. This view reflects the poor performance of the Southern and East Coast rail franchises.

And here is a BBC Newsnight report from 2016

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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