The UK’s privatised railways are less efficient, and a bigger drain on public resources than the former British Rail. Nationalisation should be considered. Yet mainstream politicians of all parties have been unwilling to make a clear case for nationalised ownership. This was exemplified recently by the Office of Rail Regulation’s (ORR) April 2013 report, GB Rail Industry Financial Information 2011-12. According to the ORR report, the state-run East Coast rail franchise was the least reliant of all British rail franchises on government money.
The authors of the Royal Charter on the Self-Regulation of the Press have come under a great deal of criticism in recent weeks, but if there is one thing that can be said of them it is that they have certainly read the Leveson Report.
The day Steve Jobs died, after a much publicised battle with cancer, Apple’s shares rose in the stock market - analysts called it “a tribute”. The next year Apple’s stock continued its steady rise, becoming the most valued company ever as measured by market capitalisation.
Military intervention in Syria “would benefit the US the most”. This is the conclusion drawn by two respected authors, Michael Doran and Max Boot, about the current situation in Syria and the way the US and the West should respond to it.