Following the news that South Western Railway (SWR) has declared a £137 million loss in the year to March 2019, Lib Dem Candidate for Mayor of London, Siobhan Benita, has called on the Government to allow TfL to take over the franchise.
The service, affecting around 600,000 passenger journeys every day, has been plagued by delays, cancellations and strikes, culminating in the miserable 27-day strike over the Christmas period.
Liberal Democrats, including acting leader Ed Davey, have long campaigned for improvements to the service and for customer concerns to be addressed.
Speaking about the latest financial developments, Benita said:
“For far too long, commuters in South West London have had to put up with woeful performance from South West Rail. Given the recent financial declaration, it’s safe to assume that the company might go bust before the end of 2020 or that the Government is already making plans to nationalise this franchise.
“I believe that the simplest and best solution would be for Transport for London (TfL) to take over the franchise. TfL already runs a reliable overground service in London. I have every confidence that it could do the same with the SWR lines and manage the elements of the service that are outside London too."