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The Guardian - UK
The Guardian - UK
Politics
Jessica Elgot and Gwyn Topham

Labour promises rail nationalisation within five years of coming to power

Passengers board a train at Huddersfield railway station
Labour will announce it plans to cut waste and claw back shareholder dividends saving £2.2bn. It will establish a watchdog to scrutinise the new system. Photograph: Christopher Thomond/The Guardian

Labour will fully nationalise the train network within five years of coming to power, with a pledge to guarantee the cheapest fares as part of “the biggest reform of our railways for a generation”.

One of Labour’s first major acts in government will bring all passenger rail into national ownership under Great British Railways as contracts with private operators expire, a plan endorsed by the architect of the Conservatives’ own rail plan.

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