(3 weeks, 5 days ago)
Commons ChamberMy hon. Friend is exactly right, and that is what is at the heart of these proposals. This is an opportunity to genuinely reform our railways from top to bottom, to ensure that passengers and growing the railways are the only objectives that they should serve—not private operators, not shareholders, not the whims of the engineers that run Network Rail. This is a once in a generation opportunity to make sure that our public transport system serves the public, so it is not ideological. What was ideological was the previous Government sitting back and presiding over a broken system while passengers and the economy paid a heavy price. I know that the Tories have been trying to pretend that the last 14 years of failure have not happened, but they cannot deny that after 30 years of privatisation we find ourselves in a position where taxpayers are responsible for 50% of the rail industry’s income and underwrite almost every penny spent, while profits are siphoned off to shareholders.
I congratulate my right hon. Friend on her appointment as Secretary of State. I note that clause 2 of the Bill talks about the extension of the current contracts. Could she set out the circumstances in which that could occur, because we know that rail safety is best when track and train are brought together, as they would be under Great British Railways?