Nostalgia for Nationalisation?

Tim Strangleman

Chapter 7 in Work Identity at the End of the Line?, 2004, pp 164-177 from Palgrave Macmillan

Abstract: Abstract At a little before 12.30 pm on 17 October 2000, a Great North Eastern Railway express travelling from London to Leeds crashed just outside Hatfield in Hertfordshire. The cause of the accident was a faulty rail, which shattered into more than 300 pieces as the train passed over it. Four people lost their lives and many more were injured. As the full implications of the crash became apparent, Britain’s railway system nearly ground to a halt. Railtrack imposed speed restrictions on 1,200 sections of the network after a further 3,200 cases of Gauge Corner Cracking (GCC) — the immediate cause of the crash at Hatfield — were discovered. Some journey times were quadrupled, Scotland was cut off from England for a time and the media was dominated by sensational stories of disgruntled passengers and railway company incompetence.

Keywords: Share Price; Work Identity; Label Privatisation; Rolling Stock; Railway Industry (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-51385-3_7

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DOI: 10.1057/9780230513853_7

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