How many rail franchises are there in the UK?
How many rail franchises are there in the UK?
There are currently 16 passenger rail franchises in the UK.
When was the UK rail industry Privatised?
1994
The privatisation of British Rail was the process by which ownership and operation of the railways of Great Britain passed from government control into private hands. Begun in 1994, it had been completed by 1997.
Who owns UK rail infrastructure?
HM Government
Network Rail
| Type | Government-owned company/Non-departmental public body (incorporated as a private company limited by guarantee without share capital) |
|---|---|
| Revenue | £6.6 billion (2019) |
| Owner | HM Government (Department for Transport) |
| Number of employees | 42,099 (2020) |
| Website | www.networkrail.co.uk |
Will UK railways be Nationalised?
The government insists this is not re-nationalisation. Great British Railways will serve instead as coordinator, issuing management concession contracts to private train operators, with incentives to improve punctuality and increase passenger numbers.
Who owns UK train franchises?
Current franchises
| Franchise | TOC | Owner |
|---|---|---|
| South Eastern | Southeastern | Department for Transport |
| South Western | South Western Railway | FirstGroup (70%) MTR Corporation (30%) |
| Thameslink, Southern & Great Northern | Govia Thameslink Railway | Govia |
| TransPennine Express | TransPennine Express | FirstGroup |
Is scotrail Nationalised?
Scotland’s train services are to be run by a public sector body, the Scottish government has announced. After this an “arms-length” Scottish government company will take over the running of services. …
Are UK railways profitable?
Train companies in the UK on average make two per cent profit, these margins made by train companies are not sufficient to have any meaningful impact on the level of fares in other countries. Some fares can be lower in other countries because governments there choose to put more taxpayer money into running the trains.
What is passenger rail franchising in Great Britain?
Passenger rail franchising in Great Britain is the system of contracting out the operation of the passenger services on the railways of Great Britain to private companies through a system of franchising . The system was created in the 1990s as part of the privatisation of British Rail,…
When did the first railway franchise come into effect?
The franchising system was created by the Railways Act 1993 as part of the privatisation of British Rail by the Government of John Major, and the first franchises came into effect in 1996. Prior to this, the railway system had been owned and operated by the government-owned corporation British Rail (BR), which has since been wound up.
What is the future of the Scottish Trains franchise?
The franchise was for 7 years until 2022 with an option to extend to 2025. In December 2019, Transport Scotland announced the franchise would not be extended beyond 2022. In March 2021, the Scottish Government announced the franchise would be nationalised in March 2022 as ScotRail Trains.
What is the East Midlands rail franchise?
An intercity and regional franchise that provides passenger services between London (St Pancras), the East Midlands and Yorkshire (Leicester, Nottingham, Derby, Sheffield, Leeds) and all the central England services linking Nottingham; Derby, Worksop, Lincoln, Cleethorpes, Skegness, Leicester and Cambridge.
