Re:UK Rail services to come under unified state control
by Reason077 on Thursday May 20, 2021 @04:28AM
(#27218766)
The end of the rail franchise system is not new news.
The franchise agreements were effectively terminated in March 2020 when the government bailed out operators due to Covid.
By July, the ONS announced that rail operators were now considered part of the public sector for statistics purposes, signalling that they had effectively been nationalised:
What’s new with this announcement is that the functions of several organisations (Network Rail, ATOC/National Rail, etc) will be merged together into a single new entity.
The franchise agreements were effectively terminated in March 2020 when the government bailed out operators due to Covid.
By July, the ONS announced that rail operators were now considered part of the public sector for statistics purposes, signalling that they had effectively been nationalised:
https://www.ons.gov.uk/news/news/theonsclassifiestrainoperat...
In September 2020 the government announced that franchises would be not return:
https://www.theguardian.com/business/2020/sep/21/uk-covid-19...
What’s new with this announcement is that the functions of several organisations (Network Rail, ATOC/National Rail, etc) will be merged together into a single new entity.