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Tag: Competition

Making Markets Work: Rail Franchising

Making Markets Work: Rail Franchising

According to some polls, 60% of people think that the rail network should be nationalised, whilst only 25% believe it should remain in private hands. With the chaos affecting the Thameslink and Great Northern networks, annual above-inflation price-rises and a number of well-publicised failures in franchising such as the 2012 West Coast Mainline debacle, it’s easy to see the appeal. But at the same time, it’s not that simple. The number of rail journeys being made has more than doubled…

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Plastic Bags, Social Change and Competition

Plastic Bags, Social Change and Competition

Tesco and Morrisons have stopped providing plastic bags for 5p – instead, the cheapest bag you can buy costs 10p (and is slightly higher quality, intended for reuse). Asda has announced it intends to do so at the end of the year. Sainbury’s still offers 5p bags (though they are also higher quality and intended for reuse). M&S and Waitrose (which have a noticeably smaller market share than the big four) still offer 5p bags. This is a fascinating development….

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