Fiscal Policy & Regulation
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Fiscal Policy & Regulation
Looking at Fiscal Policy, primarily in the UK
Curated by Bruce Fellowes
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Rail franchise model cannot continue, says review chief

Rail franchise model cannot continue, says review chief | Fiscal Policy & Regulation | Scoop.it
The man leading a review of Britain's rail system says franchising no longer delivers "clear benefits".

Via Graham Watson
Graham Watson's curator insight, February 26, 2019 4:04 PM

Change is coming - the man responsible for the current rail review, Keith Williams, has used a speech to the industry to flag up the fact that the current franchise model "is no longer delivering clear benefits for either taxpayers or farepayers". 

 

And indeed that's what the latest evidence would suggest - with contracts failing and customer complaints on the rise. It will be interesting to see what the future holds for the sector. 

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'Broken' rail franchise system to be reviewed

'Broken' rail franchise system to be reviewed | Fiscal Policy & Regulation | Scoop.it
The government inquiry comes after the East Coast Mainline was brought back under its control this year.

Via Graham Watson
Graham Watson's curator insight, September 16, 2018 2:20 PM

It appears that the rail system is going to be reviewed after a summer of rail disruption. Critics of the current franchise model argue that the failure of the East Coast Mainline franchise indicates the flaws of the current system of rail privatisation and the Labour Party are committed to renationalising the railways. 

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Gove lambasts water company chiefs

Gove lambasts water company chiefs | Fiscal Policy & Regulation | Scoop.it
The Environment Secretary attacks water industry bosses' salaries and lack of investment.
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Michael Gove tells water firms to clean up their act

Michael Gove tells water firms to clean up their act | Fiscal Policy & Regulation | Scoop.it
The environment secretary says water firms may face further regulation if prices and leaks aren't fixed.
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Is this the best we can do with Britain’s railways?

Is this the best we can do with Britain’s railways? | Fiscal Policy & Regulation | Scoop.it
As more strikes loom and fares rise steeply, Britain’s railways are the subject of intense debate once again. Would renationalisation solve the problems?
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Calls for rail renationalisation are growing but can the private sector keep its involvement on track

Calls for rail renationalisation are growing but can the private sector keep its involvement on track | Fiscal Policy & Regulation | Scoop.it
Of all Jeremy Corbyn’s policies, the Labour leader’s pledge to nationalise the railways continues to have the most public support.
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Stagecoach hopes to retain East Coast rail after 2020 despite bailout

Stagecoach hopes to retain East Coast rail after 2020 despite bailout | Fiscal Policy & Regulation | Scoop.it
Labour calls for transport group to be banned from bidding again, warning of an impending crisis in railway industry
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Jeremy Corbyn’s nationalisation plans are music to ears of public

Jeremy Corbyn’s nationalisation plans are music to ears of public | Fiscal Policy & Regulation | Scoop.it
The Labour leader’s plans to take over railways, water and energy have high levels of public support
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New West Coast rail franchise to run HS2 services - BBC News

New West Coast rail franchise to run HS2 services - BBC News | Fiscal Policy & Regulation | Scoop.it
A new rail franchise combining the current West Coast Main Line with HS2 high-speed services is announced by the government.
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Why are Britain’s trains so bad - could nationalisation fix them?

2017 saw the most train delays in nearly 15 years. And as services seem to be getting worse, ticket prices are going up - leaving many passengers furious. But why are Britain’s trains so bad and what can be done to fix them? Is nationalising the railways the answer?


Via Graham Watson, GCS Business Studies
Graham Watson's curator insight, January 7, 2019 8:55 AM

I missed this last week - Channel 4 looks at the state of Britain's railways - and compares the UK to the rest of Europe, capitalising upon the annual increase in rail fares. Is poses the simple question: why are Britain's trains so bad? And would renationalising them make them better?

 

It's a detailed look at the rail network and covers the history, and recent history, of the network. It's excellent!

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Renationalisation would damage economy, warns CBI

Renationalisation would damage economy, warns CBI | Fiscal Policy & Regulation | Scoop.it
Calls to privatise state assets are driven by ideology, not facts, says the business group.
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The shape of water: should the industry be renationalised?

The shape of water: should the industry be renationalised? | Fiscal Policy & Regulation | Scoop.it
The pros and cons of Labour's vow to bring the water industry back into public ownership.
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We can undo privatisation. And it won’t cost us a penny | Will Hutton

We can undo privatisation. And it won’t cost us a penny | Will Hutton | Fiscal Policy & Regulation | Scoop.it
Three-quarters of British voters want our rail, gas and water renationalised but it’s expensive, says Observer columnist Will Hutton
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Rail bosses defend UK train fare rises amid protests at stations

Rail bosses defend UK train fare rises amid protests at stations | Fiscal Policy & Regulation | Scoop.it
Rail Delivery Group chief claims increases will help improve services as commuter groups hold demos at busiest stations
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A new vision for railways that's rather short-sighted

A new vision for railways that's rather short-sighted | Fiscal Policy & Regulation | Scoop.it
The government’s proposed model will just add more complexity to an already baffling franchise system
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East Coast rail 'bailout' could cost taxpayers hundreds of millions

East Coast rail 'bailout' could cost taxpayers hundreds of millions | Fiscal Policy & Regulation | Scoop.it
Unions and Labour criticise government as Virgin Trains East Coast’s contract is terminated three years early
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How can the Southern rail fiasco be solved? Look to John Lewis | David Boyle

How can the Southern rail fiasco be solved? Look to John Lewis | David Boyle | Fiscal Policy & Regulation | Scoop.it
Govia needs to be replaced with a new co-operative franchise that balances the needs of passengers and staff, writes author David Boyle
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