Labour pledges to renationalise the railways if elected, in what the party calls the “biggest overhaul to our railways in a generation.” A Labour government will transfer rail networks to public ownership within its first term by folding existing private passenger rail contracts into a new body as they expire, Shadow Transport Secretary Louise Haigh says. Report by Czubalam. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn