Mr Paul Kohler

Our current railway system is simply not fit for purpose, and I know I speak for everyone in this Chamber when I say that has to change. If we are serious about growth, we have to get serious about rail. After years of Tory neglect, we must get our network back on track and put the passenger first. Across the world, there are examples of both publicly and privately owned train companies that do exactly that. Because of that, we need not be ideological about ownership; rather, we can take a pragmatic approach. That is why the Lib Dems have been, and remain, agnostic about the ownership model adopted. As the Government have themselves admitted, nationalisation is not a silver bullet. It will not automatically deliver cheaper fares, a more reliable and frequent service, or a better passenger experience. While nationalisation might offer economies of scale, it comes with new dangers—those of us in this Chamber old enough to remember the travails of travelling on British Rail are unlikely to become misty-eyed at the prospect of going back to that future, although we might well shed a tear. In short, nationalisation alone will not fix the mess that the Government inherited from the Conservatives. The devil, as so often, is in the detail, and I eagerly await publication of the forthcoming rail reform Bill, which we will scrutinise keenly to ensure that it does not succumb to the same demons that held back rail in this country for decades, whether it was in public or private hands.