Labour has pledged to nationalise the railways if it gets into power at the next general election 🚆 But the Tory government has now become the biggest single rail operator in the UK after taking TransPennine Express into public ownership
Shadow Transport Secretary, Louise Haigh, said: “This endless cycle of shambolic private operators failing passengers shows the Conservatives’ rail system is fundamentally broken.
“What we need to get back to is growing passenger numbers and back to recruitment. The to and fro of TPE being in the Operator of Last Resort is a side issue.”TransPennine Express made a profit of just £8m in the year ending March 2022, down from £73m in the year ending 2021. This ended on 30 May, 2021 and TPE was put on a new National Rail contract for two years which ends on 28 May.TPE is paid a fixed management fee but can earn more based on its performance.
Around £67m went on station and track access and facilities, and £93m went on staff costs, up from £89m in 2021. When the the Operator of Last Resort takes over the franchise at the end of May, Civil Service managers will therefore have to renegotiate with Aslef on these sticking points if passengers are to see any considerable improvement.that the Government will have to take the “land grab” off the table and adhere to the 175 per cent overtime commitment if it wants drivers to resume rest day working.
“We can’t trust trains to get us from A to B despite paying some of the highest fares in Europe: at that point, it’s time to rethink how we run our railways.”
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