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Old 20-09-2015, 15:07   #377
Mr Banana
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Re: [Update] Jeremy Corbyn wins Labour Leadership

Quote:
Originally Posted by Ignitionnet View Post
You did read this part of the post you quoted, right?



I imagine the current operating companies would be entitled to no compensation at all.

Renationalising the railways is a policy that carries support across the political spectrum. It's not a controversial policy in any way. A pretty safe one for Corbyn to advertise, actually.
Yes I did read that part hence my question how much will it cost to renationalise. You assume they will no compensation but that's not the question.Virgin Trains/Stagecoach paid 4.8 billion for the franchise, spent 1.7 billion on trains and x millions on station upgrades. Do you assume they will just hand that across to the government or will the government have to pay for the infrastructure they inherit?
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