Wednesday, November 09, 2005

quick tony, privatise it!

It's two years to the day since Britain's sole state owned railway - South Eastern Trains - took over from the much-maligned Connex, so it's a useful time to take a look at it and see how it's doing in comparison to its free market rivals. Of course, the results are no surprise. It turns out that it's outperforming its rivals in terms of both efficiency and cost. As David Henke points out,

"All the more reason for New Labour to rush to privatise it - we can't have state firms proving they can do a better job than privatised companies"

Ho hum.