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British Rail was privatised between 1994 and 1997, involving the transfer to a series of private-sector operators of responsibility for the provision of services under contract. In all, more than 100 companies took over from British Rail.
Libertarian Alliance: Why British Rail privatisation has failed Archived 5 February 2012 at the Wayback Machine; Worker's Liberty: British Rail privatisation: What it means and why it happened (2004) Economic Issues: Subsidy and productivity in the privatised British passenger railway; British Rail Sidetracked (1996)
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.
The emerging American financial system was based on railroad bonds. Boston was the first center, but New York by 1860 was the dominant financial market. The British invested heavily in railroads around the world, but nowhere more so than the United States; The total came to about $3 billion by 1914. [115]
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 ...
1 January- The Missouri Pacific Railway is merged (officially) into the Union Pacific Railroad 15 years after being purchased by the company in 1982.; 5 January – Further British train operating companies begin operation of their passenger service franchises as part of the privatisation of British Rail: Anglia Railways (GB Railways); Great Eastern (); Virgin CrossCountry (Virgin Rail Group ...
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 Rail had been formed by prior nationalization of private rail ... that the UK rail network (which was privatized from 1994 to 1997) was most improved out of ...