Jeremy Corbyn has set out detailed plans to renationalise the railways as his first official policy since becoming leader of the Labour party.
Should he gain power, Mr Corbyn has revealed he wants to fast-track a renationalisation of England’s rail network, in what he hopes will create a “People’s Railway”.
The plans would lead to a third of franchises being brought under public ownership by 2025 if he became prime minister at the next election.
Mr Corbyn said that each route would be renationalised when its franchise expired. About five out of 16 franchises are due to expire between 2020 and 2025, including East Coast, Southern and TransPennine Express.
Mr Corbyn will officially make rail renationalisation Labour Party policy at his first conference as leader,