I thank the noble Lord, Lord Moylan, for his Amendment 8, which would require public sector operators to publish plans for investment and innovation. I would dispute the proposition that a move to public ownership will produce a decrease in investment. As I have previously said, currently no meaningful private sector investment is being funded by franchising.
Passenger Railway Services (Public Ownership) Bill
Proceeding contribution from
Lord Hendy of Richmond Hill
(Labour)
in the House of Lords on Monday, 21 October 2024.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Passenger Railway Services (Public Ownership) Bill.
Type
Proceeding contribution
Reference
840 c495 
Session
2024-25
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2024-10-22 16:19:25 +0100
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