I will give way but not right now because I heard the reaction.
Right now, many European countries are in the process of unravelling their public models. They are introducing private provision and competition into their networks. The Dutch, the Czechs and members of the European Union will all be very confused to see us hurtling past them in the other direction.
Of course, free enterprise does not always succeed. That is why we already have a system in place for times when state intervention would—or, at least, should—benefit passengers. As I am sure the Secretary of State knows,
the Department for Transport is already running several train operating companies, such as Northern Trains, which was taken into public ownership back in 2020. Four years ago, when the state took it over, a measly 61% of its trains arrived on time. Today, free from the greedy profit vultures who previously feasted on its carcase, that figure remains at 61%.
Compare that with Greater Anglia, whose contract comes up for renewal in September. By the way, Greater Anglia is the first train operating company in the Secretary of State’s crosshairs, and why the Government are choosing to rush this Second Reading through before recess. All of Greater Anglia’s services are running new trains. Some 94% of those trains arrive within three minutes of the scheduled time. The company manages to deliver that while paying a premium back to the Treasury. It is not failing.
In fact, every single one of the top five performers across the network is a private provider. By contrast, are hon. Members aware which company accounts for more delays than anyone else? Network Rail—some 60% of delays are caused by a single public sector organisation.