In article , Huge wrote:
OK, there are some failures - the railways being an interesting one, since
I would deny that they have been privatised in any meaningful sense.

In another sense railways are a success, in that rail passenger numbers are
IIRC at a 40 or 50 year high and it is this growth against an almost fixed
capacity infrastructure that gives rise to some of the problems. On the
freight side the American EWS came in and made changes to the business that
should have been done years ago, like buying in 250 new locos to replace
1960s old bangers. Go to Clapham Junction and you'll see loads of new
passenger stock too. The problems seem to be on the track and signalling
side.

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