A Revolution on the Railways: Transport Policy in the 1960s
The upshot of the failure of the British Transport Commission to stem the ever rising deficit of the railways was yet a further reorganization of the nationalized transport undertakings. By the end of the 1950s it was becoming clear that the Modernization Plan was having little effect on the railways’ finances and that drastic action would have to be taken if they were to be improved. The B.T.C. was not wholly to blame for the railways’ financial circumstances, but the criticisms made by the Select Committee on Nationalized Industries and by the Special Advisory Group, set up by the Minister to advise him on the structure of nationalized transport, were sufficient to pave the way for the demise of the Commission. Both reports were critical of the Commission’s work and recommended certain changes.
KeywordsTransport Policy Railway System Freight Train Train Load Capital Debt
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