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Gatwick Express, the third railway service to be franchised in 1996. Passenger rail franchising in Great Britain is the system of contracting the operation of the passenger services on the railways of Great Britain to private companies, which has been in effect since 1996 and was greatly altered in 2020, with rail franchising being effectively abolished in May 2021.
List of Train Operating Companies on the National Rail website Archived 4 January 2006 at the Wayback Machine; Map of Train Operating Companies on the National Rail website; Barry Doe's colour-coded map showing operator(s) on each route (Large PDF)
The management of British Rail strongly advocated privatisation as one entity, a British Rail plc in effect; Cabinet Minister John Redwood "argued for regional companies in charge of track and trains" but Prime Minister John Major did not back his view; [33] the Treasury, under the influence of the Adam Smith Institute think tank advocated the ...
After extensive privatisation of the public sector during the Margaret Thatcher administration, there remain few statutory corporations in the UK. Privatisation began in the late 1970s, and notable privatisations include the Central Electricity Generating Board, British Rail, and more recently Royal Mail.
During February 1997, it was acquired by the Midland Bank and briefly renamed Forward Trust, and again renamed HSBC Rail. The company has primarily operated within the UK market, but between 2000 and 2009, HSBC Rail was also active on the European leasing market as well, before selling off this arm of the business to rival leasing firm Beacon Rail.
DB Cargo UK (formerly DB Schenker Rail UK and English, Welsh & Scottish Railway) is a British rail freight company owned by Deutsche Bahn and headquartered in Doncaster, England. The company was established by Wisconsin Central in early 1995 as North & South Railways , successfully acquiring and merging five of the six freight companies that ...
Train Fleet (2019) Limited was established in August 2019 to take ownership of 40 Class 365 units from Eversholt Rail Group.This arose from a complex financial arrangement, struck during the privatisation of British Rail by the British Railways Board when the trains were financed by financial institutions, that gave Eversholt the option to pass on their lease liabilities back to the government.
Current railway lines in Ireland, the United Kingdom and the Isle of Man are shown in black, metro lines in red, and former routes in green Rail passengers in Great Britain from 1829 to 2023, showing the early era of small railway companies, the amalgamation into the "Big Four", nationalisation and finally the current era of privatisation