1. National

Privatisation 'failed' railways

Rail privatisation has led to the UK having the most expensive fares in Europe, older trains and serious overcrowding, and train operating companies entirely reliant on public subsidies, according to a new report commissioned by the TUC.

View all 10 updates ›

TUC: UK rail tickets twice the price of France and Italy

A TUC report found long distance, day return and season rail tickets are around twice the price of similar tickets in France, Germany, Italy and Spain, which have publicly-run rail systems, while average train fares in the UK increased at three times the rate of average wages between 2008 and 2012.

The report dismissed claims that privatisation had helped increase the number of people travelling on the railways, maintaining that passenger growth has mostly been down to rising economic output and changes in employment patterns rather than because of privatisation.

More top news