Trading as British Rail from 1965, the company was privatised between 1994 and 1997 and was succeeded by National Rail. The double arrow logo is still used by National Rail in their brand to this day.
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Great British Railways (GBR) is a proposed state-owned public body that will oversee rail transport in Great Britain except for Transport for London, Merseytravel, light rail and tram services.
National Rail services have a common ticketing structure inherited from British Rail. Through tickets are available between any pair of stations on the network, and can be bought from any station ticket office.
Background. Britain's railway system was built by private companies, but it was nationalised by the Transport Act 1947 and run by British Railways until re-privatisation which was begun in 1994 and completed in 1997.
As such it is still printed on railway tickets and used to denote railway stations, including usage on street signs pointing to such stations. The logo has traditionally been used in a variety of colours, and in both positive and reversed forms.