(6 years, 5 months ago)
Commons ChamberAs I keep saying in respect of what I will bring to the House in due course, as we make further progress towards the implementation of what was the east coast partnership and is now the London North Eastern Railway, this is a different paradigm, and it simply will not operate in the way the hon. Gentleman has discussed.
Given the well known but now even better publicised problems with the rail franchising model, might this not be the moment for the Secretary of State to review the Co-op party’s recent proposals for rail reform, including a series of new mutual, not-for-profit train operating companies that are able to operate in the private sector, but are publicly owned, and able to attract significant private investment?
As I said in my statement, one of the things that I am looking at on the east coast route is how we secure significant employee participation in its success. I will look carefully at what the hon. Gentleman suggests. I think that we need a different approach. That is why the LNER model that we will be developing over the coming years will be a revolution for the railways.