This report finds that £1.2 billion could be saved by bringing the railways into public ownership - which equates to an 18% fare cut across the board.
As train fares go up by an average of 2.3% from today, we thought we'd ask the public what they think about privatisation. Has it been a success or a failure? Would fares be higher or lower if the railway was in public ownership?
Our polling, carried out by Survation, finds that 58% think rail privatisation has been a failure. 28% say it has been a complete failure while only 1% think it has been a complete success.
When asked what would happen to rail fares if the railways were brought into public ownership nearly half (48%) said they would be cheaper. Only 13% thought public ownership would make fares more expensive.
We've been fed a story for years but people know privatisation isn't working - it's a rip off and a racket. Passengers are sick of paying outrageous sums and not getting a seat. The whole system is far too expensive and fragmented. We need an integrated, efficient railway that is accountable to all of us. Profits should be invested for the benefit of passengers, not shareholders.
Feeling frustrated about fares? Tomorrow - as commuters return to work - join us, Action for Rail and Bring Back British Rail at stations around the country to call for public ownership of the railway.
Find out more
Jonathan Bartley, Green Party co-leader, explains why and how we should bring the railways into public ownership.
In a new video for We Own It, John McDonnell explains Labour's promise to bring rail, water, energy and the Royal Mail back into public ownership.