|
Integrated Kent Franchise
The South Eastern franchise, also known as the Integrated Kent franchise, is a railway franchise for the provision of passenger services between London and Kent in South East England. History The South Eastern franchise was formed as a shadow franchise in 1994 in the leadup to the privatisation of British Rail, taking over the Network SouthEast services out of Blackfriars, Cannon Street, Charing Cross, London Bridge and London Victoria to Kent. 1996: Connex South Eastern Initially operating as South Eastern, on 13 October 1996 Connex South Eastern commenced operating the franchise having beaten bids from a management/FirstBus consortium, GB Railways and Stagecoach. In December 2002, after the franchise ran into financial trouble, the Strategic Rail Authority (SRA) agreed to bail it out with a £58 million injection, with the end date brought forward from 2011 until 2006. However, continuing poor financial management resulted in the SRA deciding to strip Connex of the franchi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southeastern (train Operating Company)
SE Trains Limited, trading as Southeastern, is a train operator, owned by DfT OLR Holdings for the Department for Transport, that took over operating the South Eastern franchise in South East England from privately owned London & South Eastern Railway (which also traded as Southeastern) on 17 October 2021. History In September 2021, the Department for Transport announced it would be terminating the South Eastern franchise operated by Govia-owned Southeastern after revenue declaration discrepancies involving £25million of public money were discovered. SE Trains, as an operator of last resort, took over the franchise on 17 October 2021, for a three-year period until October 2024. Southeastern was one of several train operators impacted by the 2022 United Kingdom railway strike, which was the first national rail strike in the UK for three decades. Its workers were amongst those who participated in industrial action due to a dispute over pay and working conditions. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blackfriars Station
Blackfriars, also known as London Blackfriars, is a central London railway station and connected London Underground station in the City of London. It provides Thameslink services: local (from North to South London), and regional (Bedford and Cambridge to Brighton) and limited Southeastern commuter services to South East London and Kent. Its platforms span the River Thames, the only one in London to do so, along the length of Blackfriars Railway Bridge, a short distance downstream from Blackfriars Bridge. There are two station entrances either side of the Thames, along with a connection to the London Underground District and Circle lines. The main line station was opened by the London, Chatham and Dover Railway with the name St. Paul's in 1886, as a replacement for the earlier Blackfriars Bridge station (now the present station's southern entrance) and the earlier Blackfriars railway bridge. This increased capacity of rail traffic through the Snow Hill tunnel to the rest o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph & Courier''. Considered a newspaper of record over '' The Times'' in the UK in the years up to 1997, ''The Telegraph'' generally has a reputation for high-quality journalism, and has been described as being "one of the world's great titles". The paper's motto, "Was, is, and will be", appears in the editorial pages and has featured in every edition of the newspaper since 19 April 1858. The paper had a circulation of 363,183 in December 2018, descending further until it withdrew from newspaper circulation audits in 2019, having declined almost 80%, from 1.4 million in 1980.United Newspapers PLC and Fleet Holdings PLC', Monopolies and Mergers Commission (1985), pp. 5–16. Its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service maintains 50 foreign news bureaus with more than 250 correspondents around the world. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, the BBC also has regional centres across England and national news ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rail (magazine)
''Rail'' is a British magazine on the subject of current rail transport in Great Britain. It is published every two weeks by Bauer Consumer Media and can be bought from the travel sections of UK newsstands. It is targeted primarily at the enthusiast market, but also covers issues relating to rail transport. ''Rail'' is more than four decades old, and was called ''Rail Enthusiast'' from its launch in 1981 until 1988. It is one of only two railway magazines that increased its circulation. It has roughly the same cover design for several years, with a capitalised italic red ''RAIL'' along the top of the front cover. Editorial policy ''Rail'' is customarily critical of railway institutions, including the Rail Delivery Group, the Office of Rail and Road, as well as, since it assumed greater railway powers, the Department for Transport. ''Rail's'' continuing campaigns include one against advertising and media images showing celebrities and others walking between the rails (an unsa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Strategic Rail Authority
The Strategic Rail Authority (SRA) was a non-departmental public body in the United Kingdom set up under the Transport Act 2000 to provide strategic direction for the railway industry. Its motto was 'Britain's railway, properly delivered'. It was abolished by the Railways (Abolition of the Strategic Rail Authority) Order 2006, its functions being absorbed by the Department for Transport or the Office of Rail Regulation (now the Office of Rail and Road). Establishment The Shadow SRA was established in 1999 following the election of the Labour government in 1997 in an attempt to increase public interest regulation of the fragmented railway network following the privatisation of British Rail. It incorporated the former Conservative government's Director of Passenger Rail Franchising. Its main function was awarding and ensuring compliance with passenger rail franchises – contracts between the state and private sector operators under which the operators committed to provid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Railway Magazine
''The Railway Magazine'' is a monthly British railway magazine, aimed at the railway enthusiast market, that has been published in London since July 1897. it was, for three years running, the railway magazine with the largest circulation in the United Kingdom, having a monthly average sale during 2009 of 34,715 (the figure for 2007 being 34,661). It was published by IPC Media until October 2010, with , and in 2007 won IPC's 'Magazine of the Year' award. Since November 2010, ''The Railway Magazine'' has been published by Mortons of Horncastle. History ''The Railway Magazine'' was launched by Joseph Lawrence and ex-railwayman Frank E. Cornwall of Railway Publishing Ltd, who thought there would be an amateur enthusiast market for some of the material they were then publishing in a railway staff magazine, the ''Railway Herald''. They appointed as its first editor a former auctioneer, George Augustus Nokes (1867–1948), who wrote under the pseudonym "G. A. Sekon". He quickly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rail Business Intelligence
''Rail Business Intelligence'' was a fortnightly subscription newsletter for senior managers, investors, lawyers, contractors, consultants, local authorities, trade unionists, manufacturers and service providers working in the United Kingdom's rail industry. After 23 years and 554 issues the final print edition was produced in March 2018, and Railway Gazette Group's UK news is now published online as Rail Business UK. History ''Rail Business Intelligence'' was launched in March 1995 as ''Rail Privatisation News'', with Roger Ford as Founding Editor. Initially conceived as a short-term project to provide inside information for financial, legal and commercial organisations taking part in the privatisation of British Rail, the '' Railway Gazette International'' newsletter saw circulation continuing to expand after the 1997 general election, and in 1998 the title was changed to ''Rail Business Intelligence'' to reflect its ongoing role in the UK's privatised rail market. It w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stagecoach Group
Stagecoach Group is a transport group based in Perth, Scotland. It operates buses, express coaches and a tram service in the United Kingdom. History Stagecoach was born out of deregulation of the British express coach market in the early 1980s, though its roots can be traced back to 1976 when Ann Gloag and her husband Robin Gloag set up a small recreational vehicle and minibus hire business called ''Gloagtrotter'' in Perth, Scotland. Ann's brother, Brian Souter, an accountant, joined the firm and expanded the business into bus hire. In 1982, with the collapse of his marriage to Ann, Robin Gloag sold his ownership stake in the business and ceased any involvement. The Transport Act 1980, which freed express services of 35 miles and over from regulation by the Traffic Commissioner, brought new opportunities for the company and services were launched from Dundee to London using second-hand Neoplan coaches. For a while, the company offered a very personal service with Brian S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GB Railways
GB Railways was the parent company of a number of train operating companies, running the Anglia Railways franchise from January 1997 and launching Hull Trains and GB Railfreight. GB Railways was also involved in the management of the Estonian rail company Edelaraudtee and had an investment in Great Southern Rail in Australia. The company was acquired by FirstGroup in August 2003. History GB Railways was formed in October 1996 by entrepreneurs with diverse backgrounds initially to bid for rail franchises in the United Kingdom during the privatisation of British Rail. After being awarded the Anglia franchise in 1996, GB Railways was listed on the Alternative Investment Market in January 1997. In October 1997 as part of the ''Great Southern Railway Consortium'' with Legal & General, Macquarie Bank, RailAmerica, G13 Pty Ltd and Serco, it acquired the interstate passenger services of Australian National Railways, which were operated as Great Southern Rail. In 1998 GB Railw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FirstGroup
FirstGroup plc is a British multi-national transport group, based in Aberdeen, Scotland.Companies House extract company no SC157176 FirstGroup plc The company operates transport services in the and . It is listed on the and is a constituent of the FTSE 250 Index. |
Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> FirstGroup")