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Reunifying Britain's railways: obstacles and opportunities

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  • Ian Taylor
  • Lynn Sloman

Abstract

During the European drive for rail liberalization in the 1990s Britain moved far beyond its continental neighbours. Amid signs of a resurgent political debate about Britain's privatized railways, the authors examine the obstacles confronting any policy-makers who may wish to re-integrate Britain's railway under public ownership. The paper considers what structural models could satisfy European rail directives, the potential for a government to reclaim rail passenger service franchises at minimal cost, and cost savings available to a de-fragmented railway without profit leakage.

Suggested Citation

  • Ian Taylor & Lynn Sloman, 2013. "Reunifying Britain's railways: obstacles and opportunities," Public Money & Management, Taylor & Francis Journals, vol. 33(5), pages 329-336, September.
    • Handle: RePEc:taf:pubmmg:v:33:y:2013:i:5:p:329-336
    DOI: 10.1080/09540962.2013.817118
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    Cited by:

    1. Preston, John, 2018. "The wheels keep on turning: Is the end of rail franchising in Britain in sight?," Research in Transportation Economics, Elsevier, vol. 69(C), pages 187-196.
    2. Preston, John, 2023. "All things must pass? Recent changes to competition and ownership in public transport in Great Britain," Research in Transportation Economics, Elsevier, vol. 99(C).

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