This is a historic and significant Bill for the country, for the rail industry and for my constituency. The date of 25 April 2024 is one that I will not forget: it was when the Labour party published “Getting Britain Moving: Labour’s Plan to Fix Britain’s Railways”. The day after that, my right hon. Friend the Prime Minister wrote a piece in the Derby Telegraph pledging that after
“200 years…at the heart of our railway industry…Derby will be at the heart of our rail renaissance”
with a bigger and stronger version of Great British Railways, headquartered in Derby. That came at what was an extremely difficult time for Derby, with train manufacturing in the city on the ropes. The commitment that publicly owned rail would deliver for passengers, taxpayers and rail manufacturers was huge, because it meant that when rail in Derby came together and spoke with one voice, it was listened to.
This legislation is in no way anti-private business. What is anti-private business is privatisation projects doomed to failure. Dynamic private businesses are as important to rail now as they have ever been, with everything from maintenance and testing to digital, data, and finance all part of the east midlands railway cluster, which is the largest in Europe. They will be looking for answers on how, as private businesses, they will work with the public operator. Any more that the Secretary of State can say on that would be welcomed.
Those businesses will be partners in modernising the railways. Can we set out in this Bill or the rail reform Bill the need for long-term funding for modernisation? I appreciate that, as the Chancellor set out earlier, this Government are inheriting the worst set of economic circumstances since the post-war Labour Government who last brought the railways into public ownership. One area of savings that will come from this Bill will be on management fees and dividends, which would be better used on new technologies to make our railways greener and safer. The last steam locomotive was still being repaired in Derby in 1963. That was after a man had gone into space and 15 years after the railways were brought into public ownership.
I do not want to be looking back, 15 years from now, saying that we did not invest enough in developing new locomotive technologies, losing out on the advantages. Instead, let us take inspiration from when Derby’s prototype high-speed train set a diesel-powered world record of 143 mph in 1973. This Bill is the embodiment of “move fast and fix things”. Once it is in place, we can start bringing services back into public ownership as they expire. I understand that the poor performance of the services could mean that happens faster. Can the Minister tell the House any more about that?
I thank the Secretary of State for Transport for her support for the rail industry in Derby. She makes a great champion for the new publicly owned railway and can draw inspiration from Nye Bevan’s role when the NHS was brought into being, fighting off vested interests for the public interest. The public want to get off busy roads and they want to help the environment.
What the Government are doing, with a strong champion like the Secretary of State, can be the spark that reignites our passion for rail travel. That will be essential to its renaissance. Improvements that passengers can see and
feel are crucial and should be rolled out in tandem with the franchises being brought back into public ownership. Improvements set out in the “Getting Britain moving” document include automatic delay and cancellation refunds, a best price guarantee and better mobile connectivity. The timing of that rail Bill in relation to this one will be important. Can the Secretary of State update the House on when the next Bill will be laid? I want to get this important rail Bill moving, get passengers and goods moving and get our economy moving, so that we can move fast on our journey to a better and greener transport system.