Scrapping of rail franchises backed by competition regulator

By Joe Mellor, Deputy Editor The Competition and Markets Authority (CMA) have said that extra direct competition would see greater efficiency, lower fares and better use of rail capacity. They said that rival train firms should run services on the same lines, which would see an end to the franchises on ...

The case for a new Third Way

This is the latest guest feature from Richard Roberts, 26, author of Musings of a Young Londoner .  If you would like to feature on The London Economic, you can submit your articles here.   I’m a pro-capitalist social democrat. No, it’s not an oxymoron. It means roughly this: Philosophically, ...

‘150 Somali militants killed’ by US air strike

By Joe Mellor, Deputy Editor The pentagon has said that a US air strike has killed over 150 al-shabab militants in Somalia. Military spokesman Captain Jeff Davis said the strike hit a training camp where a "large-scale" attack was being planned. Davis said: "We know they were going to be ...

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