When I saw the heading, 'Privatisation... Benefits', I expected a mass of 'privatisation is a disaster' comments. So I'm pleasantly surprised. As I'm only 26, I have very little experience of nationalised rail but it seems to me that as the situation stands, for all it's failings, a private run railway couldn't possibly be worse than a Government one.
The problem to me seems to be that 'privatised' should mean 'competition' but that just hasn't happened. If my gas bills are too high, I can pick a different company; if Curry's don't have the electrical appliance I want, I can go to Comet etc etc. BUT: if I want to travel from Manchester to London, I have to use Virgin... and that's it. or National Express (God forbid). That said, I could go from Manchester to Sheffield & use EMT or Leeds & use NXEC... but that's hardly reasonable.
Anyway, I couldn't list the benefits of a privatised railway over a nationalised one having never really experienced the nationalised version but I'm constantly reminded that the railway was private in the first place & it was succesive Governments that presided over it's subsequent destruction.