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The rail network will be partly renationalised, with infrastructure and operations brought together under the state-owned public body Great British Railways. Operations will be managed on a concessions model. According to the BBC, this represents the largest shake-up in the UK's railways since privatisation. [27]
The structure of the railway industry in Northern Ireland is governed by the Transport Act 1967 (Northern Ireland), [1] an Act of the former Parliament of Northern Ireland that still applies. This established a statutory corporation, the Northern Ireland Transport Holding Company - which trades under the brand name Translink - whose members are ...
Northern Rail Serco-Abellio: 12 December 2004: 31 March 2016: Arriva Rail North: NT Northern Spirit: Regional Railways North East MTL: 2 March 1997: February 2000: Arriva Trains Northern: NS North Western Trains: North West Regional Railways Great Western Holdings: 2 March 1997: March 1998: First North Western: NW ScotRail: ScotRail National ...
The Oxford Companion to British Railway History. From 1603 to the 1990s (Oxford University Press, 1997) online review; Strangleman, Tim. Work identity at the end of the line?: privatisation and culture change in the UK rail industry (Springer, 2004). Turnock, David. An historical geography of railways in Great Britain and Ireland (Routledge, 2016).
British Railways (BR), which from 1965 traded as British Rail, was a state-owned company that operated most rail transport in Great Britain from 1948 to 1997. Originally a trading brand of the Railway Executive of the British Transport Commission, it became an independent statutory corporation in January 1963, when it was formally renamed the British Railways Board.
Great Britain's railway system was built by private companies, but it was nationalised by the Transport Act 1947 and was run from then onwards by British Railways (which traded as British Rail from 1965) until privatisation, which was begun in 1994 and completed in 1997. Infrastructure, passenger, and freight services were separated at that time.
The Railways Bill, published in 1993, [34] established a complex structure for the rail industry. British Rail was to be broken up into over 100 separate companies, with most relationships between the successor companies established by contracts, some through regulatory mechanisms (such as the industry-wide network code and the multi-bilateral ...
GB rail subsidy 1985–2019 in 2018 prices, showing a short decline after privatisation, followed by a steep rise following the Hatfield crash in 2000 then a further increase to fund Crossrail and HS2 [1] The financing of the rail industry in Great Britain is how rail transport in Great Britain is paid for.