IT was reported recently that Railtrack is planning to take the Government to court for taking over the company back into the public sector, and, as a consequence, the private sector may be unwilling to enter into any future partnerships with a Labour government.
If I'm not mistaken, the former BR Company was fragmented and put on the market by the last Conservative government. Some people saw a golden opportunity and chose to invest their money in the newly-formed Railtrack Company.
In a relatively short period of time, Railtrack share value quadrupled, while their service became noticeably worse.
Where were these hard done-by and disgruntled investors when the shares were riding high on the Stock Exchange?
I think the British taxpayer deserves a good service and should not be expected to subsidising the private sector.
L SPITERI, Worcester.
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