Navendu Mishra
Railways Bill
The following extract is from the Second Reading debate on the Railways Bill on 9 December 2025.
Navendu Mishra
…This landmark legislation will finally address the imbalance in the sector. Since Mrs Thatcher’s privatisation of the railways, the taxpayer has been funding the huge cost of infrastructure, while private operators and shareholders have benefited by taking all the profits.
[Official Report, 9 December 2025; Vol. 777, c. 218.]
Written correction submitted by the hon. Member for Stockport (Navendu Mishra):
Navendu Mishra
…This landmark legislation will finally address the imbalance in the sector. Since John Major’s privatisation of the railways, the taxpayer has been funding the huge cost of infrastructure, while private operators and shareholders have benefited by taking all the profits.