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Railways: North East

Asked by David SmithLabourDepartment for TransportTabled Answered 22 November 2024UIN 14150

The question

To ask the Secretary of State for Transport, what assessment she has made of the potential merits of the public ownership of railways for the North East.

Answered by Mike Kane

Public ownership will end the failed franchising system, allowing operators to serve the interests of passengers and taxpayers in the North-East and across the country, rather than private operators and their shareholders. Public ownership will mean all parts of the railway can pull together for the benefit of passengers and bringing passenger services into public ownership is the first step in the Government’s wider programme of reform. Public ownership will also save the taxpayer up to an estimated £150 million a year in fees that are currently paid out to private-sector operators.

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