I worry about what this legislation tells us about how the Labour party plans to act in government. My worry when I first saw the Bill—multiplied many times over by the Chancellor’s statement, to which I will return—is that it seems to be based solely on ideology. There is no evidence, barely even a suggestion, that this Bill will actually improve journeys for passengers. The Secretary of State, perhaps to her credit, has even admitted so herself, saying that she cannot promise that fares will be any cheaper or that the trains will be more likely to run on time.
The Bill is the embodiment of the same old Labour mantra that anything run by the state is simply better than anything run by the private sector, and that the answer to a problem is putting politicians in charge, when it has been proven time and again that that is not the case.