Reunifying Britain's railways: obstacles and opportunities

Ian Taylor and Lynn Sloman

Public Money & Management, 2013, vol. 33, issue 5, 329-336

Abstract: During the European drive for rail liberalization in the 1990s Britain moved far beyond its continental neighbours. Amid signs of a resurgent political debate about Britain's privatized railways, the authors examine the obstacles confronting any policy-makers who may wish to re-integrate Britain's railway under public ownership. The paper considers what structural models could satisfy European rail directives, the potential for a government to reclaim rail passenger service franchises at minimal cost, and cost savings available to a de-fragmented railway without profit leakage.

Date: 2013
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DOI: 10.1080/09540962.2013.817118

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