A public service railway!
Mick Lynch, general secretary of the RMT rail union, on Peston on ITV, responded to Tory MP Robert Jenrick about how to increase demand for the railways: “The worst way you could do it is by insisting the fares go up by RPI ripping off the commuters, but you won’t give the workers RPI… Last year, profits were made by the train operators — £500m out of that subsidy you gave went to those companies. First Group and Go Ahead, whom we’re negotiating with, are both subject to takeovers from private equity companies. “They’re going to be worth billions because they know you’re going to keep...