Privatisation of rail in the 1990sFollowing privatisation in 1993, British Rail – a publicly owned company responsible for running the railway – was divided into over 100 separate companies.
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When World War II began in 1939, Britain's railroads were placed under government control. The Transport Act of 1947 nationalized the railways, which were taken over by the British Transport Commission (BTC) in 1948 and given the name British Railways.
Who owns and runs the UK's railways? Britain's rail network was first nationalised by Labour Prime Minister Clement Attlee in 1948 and then privatised again under Sir John Major's Conservatives in 1993. Network Rail, which runs railway infrastructure in England, Scotland, and Wales, is publicly owned.
It was under Thatcher's successor John Major that the railways themselves were privatised, using the Railways Act 1993. The operations of the BRB were broken up and sold off, with various regulatory functions transferred to the newly created office of the Rail Regulator.
Seven UK railways are operated or partly-operated by Dutch state railway Nederlandse Spoorwegen (NS), including Merseyrail, Scotrail and the West Midlands Railway. Seven railways are operated fully or partly by French state railway SNCF, including Transport for Wales and the Thameslink.
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.
The reasons for this are varied: from the privatisation of the rail industry to the rising cost of infrastructure. The UK does not have fixed rates like other European countries such as France, which can result in flight tickets being cheaper than a regional train journey in the UK.
Train companies at the heart of the long-running rail dispute have made hundreds of millions of pounds in profits since the Government put them on new contracts when the Covid-19 pandemic hit, a union claims.
Before World War One the German railway system was a collection of different companies each serving the particular state that they were in, run autonomously to each other. In 1918 the German Empire fell, and the country became a republic. This lead to the railway system being nationalised.