{"id":4208,"date":"2009-07-02T10:32:49","date_gmt":"2009-07-02T08:32:49","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=4208"},"modified":"2009-07-02T10:32:49","modified_gmt":"2009-07-02T08:32:49","slug":"ftcom-companies-rail-national-express-rail-empire-hopes-end","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2009\/07\/02\/ftcom-companies-rail-national-express-rail-empire-hopes-end\/","title":{"rendered":"FT.com \/ Companies \/ Rail &#8211; National Express rail empire hopes end"},"content":{"rendered":"<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/951acb5a-6611-11de-a034-00144feabdc0.html\">FT.com \/ Companies \/ Rail - National Express rail empire hopes end<\/a>.<\/p>\n<p>I think it's time to face reality:<\/p>\n<p>1) Privatisation does not pass risk to the private sector - only profits<\/p>\n<p>2) Rail privatisation has failed<\/p>\n<p>3) We once had a very good rail operator who required a much lower level of subsidiy for a much higher level of efficiency than we have now - that operator was called British Railways.<\/p>\n<p>And that's where we should be heading back to.<\/p>\n<p>The East Coast route should stay in public hands - and be joined by all other franchises as they end or fail.<\/p>\n<p>Then we can have a cohesive transport system again.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FT.com \/ Companies \/ Rail &#8211; National Express rail empire hopes end. I think it&#8217;s time to face reality: 1) Privatisation does not pass risk<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2009\/07\/02\/ftcom-companies-rail-national-express-rail-empire-hopes-end\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-4208","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/4208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=4208"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/4208\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=4208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=4208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=4208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}