The number of passengers dropped after nationalizations, and exploded after privatisation (despite taxpayer money investment logically dropping)
https://commons.wikimedia.org/wiki/File:GBR_rail_passengers_...
Did it?
https://en.wikipedia.org/wiki/File:GB_Rail_Subsidy,_1985-201...
paints a slightly more complex picture.
The number of passengers dropped after nationalizations, and exploded after privatisation (despite taxpayer money investment logically dropping)
https://commons.wikimedia.org/wiki/File:GBR_rail_passengers_...