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We went from having an unreliable transport service that was cheap (read government subsidised - like germany and france and most of europe do with theirs), to having an unreliable transport service that is now prohibitively expensive for a lot of people.
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Don't forget the cherry on the cake of thatchers ideology.
You now have an unintegrated expensive privatised transport services that gets even more subsidies from the taxpayer than the cheaper nationalised service got.
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What was that about supply and demand? Looks like the supply is there if we can afford to export it
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Looks like the demand is there as people are buying it.
If you didn't export it then you couldn't afford it as the price would go even higher.