Financial Times FT.com

UK rail line renationalised

By George Parker and Jim Pickard in London

Published: July 2 2009 03:00 | Last updated: July 2 2009 03:00

The British government renationalised the country's most prestigious railway line yesterday, as the recession continues to force Gordon Brown's ruling Labour party to return to its socialist roots.

Mr Brown has presided over the state takeover of large sections of the British banking system and yesterday added the London to Edinburgh main line to its portfolio of holdings.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this