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CITY VIEWS: WAS THE GOVERNMENT RIGHT TO NATIONALISE THE EAST COAST RAIL LINE?

<!--StartFragment--><strong>RANJIT BAHAD </strong>DAIWA SECURITIES <br />&ldquo;It&rsquo;s right to take it out of the hands of National Express if they&rsquo;re not doing a good enough job. &nbsp;Still, where&rsquo;s the money going to come from to run the line? We&rsquo;ve got such a big debt burden and running this line is going to be costly.&rdquo;<br /><br /><strong>SARAH SKINNER </strong>LLOYD &amp; PARTNERS<br />&ldquo;I don&rsquo;t think it can be a bad thing because I don&rsquo;t believe the railways should necessarily be totally run for profit. There needs to be some element of subsidisation because it is a public service.&rdquo;<br /><br /><strong>MARC HASKINS </strong>ALLIANZ<br />&ldquo;It&rsquo;s the best thing that could have happened. The railways should never have been privatised so it&rsquo;s excellent that the company which took on the contract has been told to get stuffed. On this occcasion, the government is spot on.&rdquo;