The Twilight Zone
Ever since bus deregulation in October 1986, a number of small operators have been able to enter a marketplace previously dominated by the National Bus Company (in its many regional subdivisions). As far as the travelling public are concerned, it has been a two-edged sword. The previous state monopoly was overthrown for purely ideological reasons. It was the same free-market 'logic' that led to the privatization of British Rail soon afterwards. Almost… Ask anyone in London (i.e. the 'Westminster Bubble' of politicians, think-tanks and media types) what effect bus deregulation had on services, and they'll tell you: none whatsoever! In the capital, deregulation never happened. Everywhere else, there was a free market free-for all, as I told you in Nice Work If You Can Get There . Initially, at least, deregulation drove prices down as competing operators fought over the plum routes. Eventually, of course, the status quo was resumed. The Tories' much-vaunted 'co