• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, July 2, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Starmer’s Railway Reform Passes Commons, Heads to Lords

September 4, 2024
Lawrence Ankutseby Lawrence Ankutse
in UK
0
Britain’s Railways on Track for Renationalization 

Keir Starmer’s government has swiftly achieved a significant milestone by passing its first major reform to public services, just under two months after being elected. 

The landmark Passenger Railway Services (Public Ownership) Bill has successfully cleared all stages in the House of Commons, marking a pivotal step toward renationalizing Britain’s railways.

As part of this transformation, the shadow Great British Railways has also been established, laying the groundwork for the future publicly owned rail service. 

RelatedPosts

UK Faces Backlash Over Aid Cuts At Summit

Welfare Uproar Shakes Labour Government’s Unity

Record Channel Crossings Test Labour’s Resolve

The bill’s rapid progression is seen by many as a signal that Starmer’s government is committed to implementing a socialist agenda, despite criticism from the opposition.

Labour’s Ambitious Push for Railway Nationalization

Transport Secretary Louise Haigh championed the bill, emphasizing the need for comprehensive reform in the rail sector. 

“Today, I am firing the starting gun on the biggest reforms to our railways in a generation. I am determined to end the chaos, delay, and disruption faced by people on train journeys every day,” Haigh stated. 

She further highlighted that the creation of the shadow Great British Railways represents a significant stride toward delivering a unified railway system that prioritizes passengers.

“This Government will direct every penny into creating a stronger, more reliable rail network that works for everyone. This is about making the railways work for the people that use them—putting passengers first and driving up performance.”

Louise Haigh
Transport Secretary Louise Haigh
Louise Haigh

The swift passage of the bill through the Commons has not been without controversy. The Conservative Party has criticized Labour, accusing it of prioritizing ideology over practical solutions and value for money. 

Shadow Transport Secretary Helen Whately has been particularly vocal in her opposition, accusing Labour of putting “leftwing dogma before practical solutions.”

Tories Criticize Labour’s Rail Reform Plan

Following the vote, Whately remarked, “Today in Parliament, Labour voted against rail passengers (and rural passengers specifically) and a pay review body to help them resist union pay demands. While we’re on the side of passengers and taxpayers, they’re stuck under the thumb of their union paymasters.”

Adding fuel to the fire, transport minister Simon Lightwood announced that the government is considering the creation of a pay review body for public sector rail workers. This move is intended to simplify the current pay review process, which has been marred by numerous strikes across the network.

Despite the opposition’s criticisms, the Passenger Railway Services Bill represents a bold step towards reshaping Britain’s railways under public ownership. The bill’s passage through the House of Commons on Tuesday sets the stage for further examination in the House of Lords, where it is expected to face additional scrutiny.

Labour’s plans for renationalizing the UK railways suggest that there would be no immediate costs associated with terminating existing rail contracts early, as the contracts would not be terminated prematurely. 

The party’s costings indicate that full public ownership of the railways could save approximately £2.2 billion per year after five years. However, the plan has been critiqued for not going far enough in addressing broader issues within the railway system.

READ ALSO: Pro-Family Groups Demand Swift Justice on LGBTQ+ Bill

Tags: Great British RailwaysKeir StarmerLouise HaighPublic OwnershipRailway Reform
Please login to join discussion
Previous Post

Fela Kuti and the Evolution of Afrobeat: The Indispensable Influence of Highlife

Next Post

Ukrainian Cabinet Under Seismic Shake-up

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

NPP Supporters
General News

NPP Decries EC’s Rerun of 19 Polling Stations Election in Ablekuma North 

July 2, 2025
Ecobank Unveils $32 Million Solar Initiative to Power Ghana’s Clean Energy Revolution
Banking

Ecobank Unveils $32 Million Solar Initiative to Power Ghana’s Clean Energy Revolution

July 2, 2025
UK Faces Backlash Over Aid Cuts At Summit
UK

UK Faces Backlash Over Aid Cuts At Summit

July 2, 2025
Seth Twum Akwaboah, Economy, Power, Industry
General News

Industries Set for 24-Hour Economy Rollout – AGI Boss Confirms Readiness

July 2, 2025
PURC Validates Digital Database Phase II to Boost Utility Oversight 
Extractives/Energy

PURC Validates Digital Database Phase II to Boost Utility Oversight 

July 2, 2025
European Commission logo as EU To Implement ‘Trade Countermeasures’ Against US
Europe

European Commission Proposes 90% Cut in Emissions By 2040

July 2, 2025
NPP Supporters
General News

NPP Decries EC’s Rerun of 19 Polling Stations Election in Ablekuma North 

by Evans Junior OwuJuly 2, 2025
Ecobank Unveils $32 Million Solar Initiative to Power Ghana’s Clean Energy Revolution
Banking

Ecobank Unveils $32 Million Solar Initiative to Power Ghana’s Clean Energy Revolution

by Stephen M.CJuly 2, 2025
UK Faces Backlash Over Aid Cuts At Summit
UK

UK Faces Backlash Over Aid Cuts At Summit

by Lawrence AnkutseJuly 2, 2025
Seth Twum Akwaboah, Economy, Power, Industry
General News

Industries Set for 24-Hour Economy Rollout – AGI Boss Confirms Readiness

by Silas Kafui AssemJuly 2, 2025
PURC Validates Digital Database Phase II to Boost Utility Oversight 
Extractives/Energy

PURC Validates Digital Database Phase II to Boost Utility Oversight 

by Prince AgyapongJuly 2, 2025
European Commission logo as EU To Implement ‘Trade Countermeasures’ Against US
Europe

European Commission Proposes 90% Cut in Emissions By 2040

by Comfort AmpomaaJuly 2, 2025
NPP Supporters
Ecobank Unveils $32 Million Solar Initiative to Power Ghana’s Clean Energy Revolution
UK Faces Backlash Over Aid Cuts At Summit
Seth Twum Akwaboah, Economy, Power, Industry
PURC Validates Digital Database Phase II to Boost Utility Oversight 
European Commission logo as EU To Implement ‘Trade Countermeasures’ Against US
[/vc_row_inner]

Recent News

  • NPP Decries EC’s Rerun of 19 Polling Stations Election in Ablekuma North 
  • Ecobank Unveils $32 Million Solar Initiative to Power Ghana’s Clean Energy Revolution
  • UK Faces Backlash Over Aid Cuts At Summit
  • Industries Set for 24-Hour Economy Rollout – AGI Boss Confirms Readiness
  • PURC Validates Digital Database Phase II to Boost Utility Oversight 
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.