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Renationalisation debate clouds a rail industry success story

It’s odd that nationalisation of the railways has become the totemic issue in this Labour leadership debate. Despite the swathe of privatisations that took place under Margaret Thatcher, it’s the one she never got round to – in fact, the one she positively rejected as too difficult – that Labour is obsessing about.

So what are the implications for the industry as a result of the current heated debate within the main opposition party?

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