South Western Railway to be nationalised by Labour – reports

Responsibility for running train services was handed to private companies during the 1990s, and since then there has been a boom in rail usage.

But a number have faced criticism over fares and reliability, with critics saying privatisation has led to an inefficient and fragmented system.

Labour made it a manifesto pledge to renationalise most rail services within five years.

During the coronavirus pandemic, the government in effect took control of the railways.

Most train companies in England moved onto contracts where they get a fixed fee to run services, and the taxpayer carries the financial risk.

Four major operators – East Coast Mainline, TransPennine, Northern and South Eastern – have been taken under public control and are being run by the government’s operator of last resort.

Transport for Wales was brought under Welsh Government control in 2021, and Scotrail was taken over by the Scottish Government the following year.

South Western Railway has more than 1,500 services scheduled to run per weekday in south west London and the south of England.

It operates across a huge area of southern England and East Anglia and is a key commuter service into London.