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What ever the pros and cons in the present economic climate it is a non starter. They can't manage to open some of the 19602s closed lines. For example the Portishaed to Bristol line is in situ eg Portishead to Bristol where the A 369 is choc a bloc. Outside my room is the ex LWR Exeter to Salisbury which is mostly singled. Beeching wanted to close it. I would prefer nationalisation but it wouldn't change the high costs of travel.
Chris
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