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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 ...
Unlike British Rail, the Northern Ireland Railways remain state owned. The franchisee system for passenger rail effectively ended in March 2020, when the Department for Transport switched every passenger line to an "Emergency Measures Agreement", [ 10 ] whereby the franchisees would still operate the line, but the government would take all cost ...
Overall, fare increases have been at a significantly slower rate than under British Rail (BR). [citation needed] [disputed – discuss] According to the Global Railway Review, the average annual real-terms increase between 1996 and 2011 was 1.3%, compared to 2.2% during the last 15 years of British Rail [12] [better source needed]. So far as ...
Eventually, Network Rail and the public sector train operators are likely to become part of a new organisation called Great British Railways. That requires legislation and it is likely to take a ...
25 train operating companies (1996, operations contracted out as franchises) British Rail Research (1996) British Rail Telecommunications (1995) European Passenger Services (1996) Railtrack (1996) (18 October 2002 went into voluntary liquidation), now in public ownership as Network Rail; Red Star Parcels (1995) Union Railways (1996) British ...
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.
High Speed 1, a project to construct a 67-mile (108 km) high-speed rail line from London to the British end of the Channel Tunnel, and involving a great deal of complex civil engineering including a 1,404-yard (1,284 m) bridge over the River Medway, a 2-mile (3.2 km) tunnel under the Thames near Dartford, a 2-mile tunnel through the North Downs ...
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