Privatisation Of British Rail
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Privatisation Of British Rail
The privatisation of British Rail was the process by which ownership and operation of the Rail transport in Great Britain, railways of Great Britain passed from government control into private hands. Begun in 1994, the process was largely completed by 1997. The deregulation of the industry was in part motivated by the enactment of EU Directive 91/440 in 1991, which aimed to create a more efficient railway network by creating greater competition. British Railways (BR) had been in state ownership since 1948, under the control of the British Railways Board (BRB). Under the Conservative Party (UK), Conservative government of Margaret Thatcher elected in 1979, various state-owned businesses were gradually sold off, including various auxiliary and supporting functions related to the railways – Sealink ferries and British Transport Hotels by 1984, Travellers Fare catering by 1988 and British Rail Engineering Limited (train manufacturing) by 1989. It was under Thatcher's successor Jo ...
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Rail Transport In Great Britain
The railway system in Great Britain is the oldest railway system in the world. The first locomotive-hauled public railway opened in 1825, which was followed by an era of rapid expansion. Most of the track is managed by Network Rail, which in 2024 had a network of of standard-gauge lines, of which were Railway electrification in Great Britain, electrified. In addition, some cities have separate metro, light rail and tram systems, among them the historic London Underground and the Glasgow Subway. There are also many List of British heritage and private railways, private railways, some of them British narrow gauge railways, narrow-gauge, which are primarily short lines for tourists. The main rail network is connected with that of continental Europe by the Channel Tunnel and High Speed 1, opened in 1994 and 2007 respectively. In 2024, there were 1.612 billion journeys on the National Rail network, making the British network the List of countries by rail usage, fifth most ...
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Office Of Passenger Rail Franchising
The Director of Passenger Rail Franchising was a statutory office holder in the United Kingdom created in 1993 by the Railways Act 1993 and usually called the Franchising Director. The role lasted from 5 November 1993 until 31 January 2001. The Franchising Director was in charge of an executive agency called the Office of Passenger Rail Franchising (OPRAF). It was superseded by the Strategic Rail Authority. Main function The Franchising Director's main function was to sell passenger rail franchises to private sector companies participating in the privatisation of the British railway industry. On 1 February 2001 the position of Franchising Director was abolished by the Transport Act 2000 and the passenger rail franchising functions were transferred to the newly created Strategic Rail Authority. The SRA was in turn abolished in 2006 and the SRA's franchising functions were taken over by the Secretary of State for Transport. Holders of office The first Franchising Director w ...
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Commercial Motor
''Commercial Motor'' is a weekly magazine serving the road transport Road transport or road transportation is a type of transport using roads. Transport on roads can be roughly grouped into the transportation of goods and transportation of people. In many countries licensing requirements and safety regulations e ... industry in the United Kingdom. Founded in 1905 by Edmund Dangerfield, it is notable for having been "the first journal to be devoted exclusively to the commercial vehicle engaged in the conveyance of goods or in passenger carrying". Originally named ''The Commercial Motor'', the title was shortened to ''Commercial Motor'' for the first issue of 1966. The publication is commonly referred to as 'CM' by its readers and editorial staff. ''Commercial Motor'' was initially published by Temple Press and since 2011 it has been published by Road Transport Media, part of DVV Media Group. Launch ''The Commercial Motor'' was launched in March 1905 by Temple Press. In ...
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National Freight Corporation
The National Freight Corporation was a major British transport business between 1948 and 2000. It was listed on the London Stock Exchange and at one time, as NFC plc, was a constituent of the FTSE 100 Index. History The company was established in 1948 as British Road Services (BRS). It was the road transport company formed by the nationalisation of Britain's road haulage industry, under the British Transport Commission, as a result of the Transport Act 1947. From 1963, the company was administered by the Transport Holding Company and had four main operating areas: British Road Services, BRS Parcels, Pickfords and Containerway & Roadferry. On 1 January 1969, it was renamed the National Freight Corporation. On the same date a 51% share in Freightliner Group, Freightliner was transferred from the British Railways Board (BRB). This was transferred back to the BRB on 1 August 1978. In 1980, the assets of the National Freight Corporation were transferred to the National Freight Com ...
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British Airways
British Airways plc (BA) is the flag carrier of the United Kingdom. It is headquartered in London, England, near its main Airline hub, hub at Heathrow Airport. The airline is the second largest UK-based carrier, based on fleet size and passengers carried, behind easyJet. In January 2011, BA merged with Iberia (airline), Iberia, creating the International Airlines Group (IAG), a holding company registered in Madrid, Spain. IAG is the world's third-largest airline group in terms of annual revenue and the second-largest in Europe. It is listed on the London Stock Exchange and in the FTSE 100 Index. British Airways is the first passenger airline to have generated more than US$1 billion on a single air route in a year (from 1 April 2017, to 31 March 2018, on the London to New York Air Route, New York-JFK – London-Heathrow route). BA was created in 1974 after a British Airways Board was established by the British government to manage the two nationalised airline corporation ...
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Nationalisation
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized property. S ...
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UK Rail Journeys Per Capita
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of the smaller islands within the British Isles, covering . Northern Ireland shares a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities of Edinburgh, Cardiff and Belfast are the national capitals of Scotland, Wales and Northern Ireland. ...
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Network Rail
Network Rail Limited is the owner (via its subsidiary Network Rail Infrastructure Limited, which was known as Railtrack plc before 2002) and railway infrastructure manager, infrastructure manager of most of the railway network in Great Britain. Network Rail is a non-departmental public body of the Department for Transport with no shareholders, which reinvests its income in the railways. Network Rail's main customers are the private train operating company, train operating companies (TOCs), responsible for passenger transport, and freight operating company, freight operating companies (FOCs), who provide train services on the infrastructure that the company owns and maintains. Since 1 September 2014, Network Rail has been classified as a "public sector body". To cope with history of rail transport in Great Britain 1995 to date, rapidly increasing passenger numbers, () Network Rail has been undertaking a £38 billion History of rail transport in Great Britain 1995 to date#Timelin ...
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Great British Railways
Great British Railways (GBR) is a planned state-owned railway company that will operate most rail infrastructure in Great Britain, most passenger rail services in England, and some cross-border passenger rail services in Scotland and Wales. It will be established with the passing of the forthcoming Railways Bill, as part of the Starmer government's plans to re-nationalise the railways. It will absorb the functions of Network Rail to own and manage most railway infrastructure (stations, track and signalling), the Rail Delivery Group, the DfT Operator, parts of the Department for Transport, and each of the passenger service franchises, as their contracts expire. Although the process of re-nationalising passenger services is already underway, with a shadow GBR body in place, the timescale for the formal establishment of GBR remains unclear, and is expected no earlier than late 2026. Its chair is Laura Shoaf. Functions GBR will be responsible for the operational delivery ...
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Premiership Of Tony Blair
Tony Blair's tenure as Prime Minister of the United Kingdom began on 2 May 1997 when he accepted an invitation from Queen Elizabeth II to form a government, succeeding John Major of the Conservative Party (UK), Conservative Party, and ended on 27 June 2007 upon his resignation. As prime minister, Blair also served simultaneously as First Lord of the Treasury, Minister for the Civil Service, and Leader of the Labour Party (UK), Leader of the Labour Party. He and Gordon Brown both extensively used the New Labour branding while in office, which was presented as the brand of a newly reformed party that had altered Clause IV and endorsed market economics. He is the second-List of prime ministers of the United Kingdom by length of tenure, longest-serving prime minister in post-war British history after Margaret Thatcher, the longest-serving Labour Party (UK), Labour politician to have held the office, and the first and only person to date to lead the party to three consecutive general ...
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Labour Party (UK)
The Labour Party, often referred to as Labour, is a List of political parties in the United Kingdom, political party in the United Kingdom that sits on the Centre-left politics, centre-left of the political spectrum. The party has been described as an alliance of social democrats, democratic socialists and trade unionists. It is one of the Two-party system, two dominant political parties in the United Kingdom; the other being the Conservative Party (UK), Conservative Party. Labour has been led by Keir Starmer since 2020 Labour Party leadership election (UK), 2020, who became Prime Minister of the United Kingdom following the 2024 United Kingdom general election, 2024 general election. To date, there have been 12 Labour governments and seven different Labour Prime Ministers – Ramsay MacDonald, MacDonald, Clement Attlee, Attlee, Harold Wilson, Wilson, James Callaghan, Callaghan, Tony Blair, Blair, Gordon Brown, Brown and Starmer. The Labour Party was founded in 1900, having e ...
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Impact Of The Privatisation Of British Rail
The impact of the privatisation of British Rail has been the subject of much debate, with the stated benefits including improved customer service, and more investment; and stated drawbacks including higher fares, lower punctuality and increased rail subsidies. The privatisation of British Rail began in the 1990s. Development of British Rail since privatisation Customer service According to the National Rail Passenger survey, passenger satisfaction has risen from 76% in 1999 (when the survey started) to 83% in 2013 and the number of passengers not satisfied with their journey dropped from 10% to 6%. However, the impact of the Hatfield rail accident in 2000 left services seriously affected for many months after. According to a 2013 Eurobarometer poll, satisfaction with rail of UK respondents was the second-highest in the EU, behind Finland. The poll found that average UK satisfaction over four different areas was 78%, ahead of France (74%), Germany (51%) and Italy (39%). L ...
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