Jerome Mayhew

Jerome Mayhew

Conservative — Broadland and Fakenham

Speaking in the House of Commons on 15 May 2025

Debate

Economic Growth

Contribution

Perhaps the Secretary of State did not understand the nature of the offer from Greater Anglia. It was not expecting to be bought out; it was offering to continue its current arrangements for a couple of years. In a previous answer, the Secretary of State said to me that the benefit of rail nationalisation will be the £150 million of efficiency savings. Let’s see how that is going. Her first nationalisation will be South Western Railway in two weeks’ time. That new service will need trains, yet The Telegraph has revealed that inept contract negotiations by her Department, where there was no effective competition, mean that the cost of re-leasing the same trains is increasing by £250 million over five years. Are those the efficiency savings she had in mind?

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