Britain’s rail system is working OK for once. So the Competition & Markets Authority wants to stuff it up

March 15, 2016

By John Band, in CityMetric

The current British rail system*, for the first time in about a century, works quite well. Performance figures and passenger numbers are around all-time highs, and subsidies are around the lowest level since the collapse of Railtrack in 2001.Website Insert Start Here copy

So naturally, almost everyone in the political sphere, from left to right, is trying to break it again. The recent report from the government’s competition quango, the Competition & Markets Authority (CMA), is the worst of a bad bunch of proposals.

Although some people wilfully obscure it, the structure of the rail network is quite simple. In short, government-owned Network Rail owns and operates the tracks; train operating companies (TOCs) like South West Trains are contracted by the Department for Transport (DfT) to run passenger train services, based on government tenders (“franchises”); and privately-owned freight operators pay a charge to Network Rail to use its tracks.

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