A coherent guiding mind is far more likely to produce a long-term business plan for the railway that justifies future investment than the previous fragmented system. Very few of the owning groups or train operating companies have ever made any significant investment. The principal investment that has been made in passenger services is with the rolling stock companies, whose position is unaltered in the proposition of this Bill.
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 c497 
Session
2024-25
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2024-10-22 16:19:25 +0100
URI
http://hansard.intranet.data.parliament.uk/Lords/2024-10-21/24102135000081
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