David Cameron and Nick Clegg have set out plans for a £9.4bn modernisation of the railways. The shadow transport secretary, Maria Eagle, says the entire rail network needs re-organising and re-structuring and refuses to rule out renationalisation. However, the transport secretary, Justine Greening, told the BBC this morning that renationalisation was the 'last thing' the network needed.
Below, Mick Whelan of the Aslef union debates Richard Wellings of the Institute of Economic Affairs (IEA).
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