Lost: silver Dunhill watch

Labour are proposing to nationalise the railways, (passenger trains but not fright)  Whilst it removes them from shareholders control, and potential profit chasing, is it workable or will it end up costing tax payers more in the long run?  On paper the idea is interesting but does it also need the profitable freight arm included to help reduce fares,? 

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I checked into the forum.    Best to say, rather than be accused.