The announcement yesterday that the UK government had decided to withdraw the concession for services on the London to Edinburgh route from a joint venture between Virgin and Stagecoach has stimulated debate about the merits of private ownership versus public…
Tag: Railways
Railways and the rise of the service economy
New figures show that 1,625m passenger journeys were made on UK railways in the 12 months ending September this year. This compares with 800m in 1997. Some argue this shows the success of railway privatisation brought about by the Railways…