The Labour Government

[Ifwecouldjust.......]

I think they support this on the understanding that these services will improve measurably or the cost of them will be reined in. I suspect there will be no difference in general performance -same track, same trains, same personnel, same stations. Where is the imrpovement going to come from?

From the reinvestment of profit rather than it going to shareholders.

 

[Ifwecouldjust.......]

As she clearly said '' Its not in the manifesto'' but most wish it ...

 

[Dave Ewing's Back 'eader]

From the reinvestment of profit rather than it going to shareholders.

The old nationalised industries didn’t seem to have any kind or ‘reinvestment’. Didn’t they have to go begging HMT for a handout!

 

[inbetween]

From the reinvestment of profit rather than it going to shareholders.

We have publicly owned companies now and they're still failing. Average margins were previously only 2-3% so they only make around £10-20m profit per year, hardly a lot to reinvest.

I don't think it makes any difference either way. If we want a railway system that works then we need to spend far more than profit reinvested alone allows and that's the problem.

Labour rail plan 'won't fix delays' as Northern gets worse under public ownership

Northern's poor performance under government control presents a challenge for Haigh's plans for the railways

inews.co.uk

 

[kaz7]

Just breaking now from the national crime unit, a multibillon dollar money laundering network run by two russian millionares and used by uk drug dealers has been busted, this is what you get when interpol do their thing and what we now contributing too. Funny what happens when you talk to other countries , who knew

 

[Ifwecouldjust.......]

The old nationalised industries didn’t seem to have any kind or ‘reinvestment’. Didn’t they have to go begging HMT for a handout!

Usual Tory playbook .... underfund it so the service just gets worse and worse .... then use the poor service as the reason to sell it off.

 

[blueinsa]

Just breaking now from the national crime unit, a multibillon dollar money laundering network run by two russian millionares and used by uk drug dealers has been busted, this is what you get when interpol do their thing and what we now contributing too. Funny what happens when you talk to other countries , who knew

Most arrests made well before Labour came to power but a nice try nonetheless.

https://www.nationalcrimeagency.gov.uk/?view=article&id=3685:operation-destabilise-case-studies

 

[kaz7]

Most arrests made well before Labour came to power but a nice try nonetheless.

https://www.nationalcrimeagency.gov.uk/?view=article&id=3685:operation-destabilise-case-studies

Not that , literally just breaking on sky what i said above

 

[blueinsa]

Not that , literally just breaking on sky what i said above

Exactly that kaz.

Read the breaking news and then the NCA link I pasted.

 

[bluethrunthru]

The old nationalised industries didn’t seem to have any kind or ‘reinvestment’. Didn’t they have to go begging HMT for a handout!

Coal mining was nationalised - the actual Govt shut that down. Steel was sold off to private owners who have run it down to close it when they couldn't squeeze any more out of it. Royal Mail has just been sold to a billionaire who wants 1st class stamps at £2 a pop, no weekend deliveries and the end of the universal service agreement and privatised water has been a roaring success - if you like swimming in shit.

Throughout the term of the last Govt private rail firms were periodically taken into public ownership which increased punctuality and customer satisfaction in almost all cases. In fact they were such a better solution that every time it embarrassed the Govt who sold the franchises back into private hands asap.