Rail Nationalisation Makes Sense - Richard Murphy

27th April 2024

Labour says it is going to nationalise Brtain's railways Its plans make sense - as far as they go.

But, like so much that it does, this plan does not go far enough.

It should also be nationalising the supply of future rolling stock for our railways - and be building more of that; rolling stock now if we are to have the system that we really need and can afford.

ABOUT RICHARD MURPHY
Richard Murphy is Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best known book is ‘The Joy of Tax'.