Can the government avoid another rail fiasco before 2015?
There’s some exciting train news today, and no, it’s not related to HS2. The Transport Secretary has announced that the franchise for the East Coast Mainline has gone out to tender. Britain’s second busiest railway marked a low point for rail privatisation, when National Express bombed out of the franchise and Labour nationalised the line. Since then it has been under government control and the coalition has delayed throwing it back into the private sector several times. How have each of the operators fared on the line? Since British Rail was privatised in the early 1990s, the ECML has been run by Great North Eastern Railways (1996 to 2007), National
