Labour has promised to renationalise the rail network - can you think of any industry that's been made better since becoming privatised?
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00:00I'm trying to think about any industry that has been improved through privatisation. I'm
00:04struggling. You look at water, you look at rail, those are just two. I can't offhand think of any
00:10industry that's got better. If I think about trains, I've actually stopped taking trains
00:16because they're just too unreliable and you can't get a seat and it's just not worth it. Also the
00:22fare structure is too complicated. To be honest, off the top of my head I can't think of anything
00:26that I think has benefited from privatisation. The whole water sewage crisis is the main one
00:33that springs to mind that's been a complete disaster really. My experience of privatisation
00:39of a bus service has been very negative and I'm pleased to see that where the bus services have
00:45been taken into local public ownership, I think they've been much improved. Some things don't
00:50work well with privatisation. Some people will get a thing about it, if they're business people
00:54but it doesn't always work with privatisation. It doesn't, seriously.