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Taxpayers' £50m West Coast bill

Taxpayers will face a "significant" bill of around £50m over the West Coast rail franchise fiasco, the Government's spending watchdog has warned.

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Britain's privatised railways a 'gigantic scam'

Seamus Milne writes in today's Guardian that renationalisation of the railway system could be the right way to go.

The solution could not be more obvious. It's to rebuild a publicly owned and integrated railway. That can be done at zero or minimal cost, by bringing back each franchise into public ownership as the contracts expire.

– Seamus Milne, the Guardian

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