Labour should renationalise the rail industry if it wins the next election, a group of 31 prospective MPs has said. In a letter to the Observer, they said services should be returned to public ownership when current franchises end. The candidates, many of whom are fighting marginal seats in commuter constituencies, said profits could fund "a bold offer on rail fares". Labour is undertaking a policy review. Party sources have said there is no imminent decision on railways. Leader Ed Miliband has previously told the Guardian newspaper he might be in favour of renationalising some parts of the railway. He said the party was working on "innovative solutions", but did not spell out what they were.
Labour should reform the rail industry to secure a better deal for passengers if the party wins the next election, a group of prospective MPs say.