Labour has pledged to renationalise the railways if elected, with the shadow transport secretary saying that "today's broken model simply doesn't work".A Labour government would expect to transfer the 10 remaining privately run rail networks to public ownership "well within the first term" by folding existing private passenger rail contracts into a new body as they expire, Louise Haigh said at a launch event.

Labour has pledged to renationalise the railways if elected, with the shadow transport secretary saying that "today's broken model simply doesn't work".A Labour government would expect to transfer the 10 remaining privately run rail networks to public ownership "well within the first term" by folding existing private passenger rail contracts into a new body as they expire, Louise Haigh said at a launch event.