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Timetable confirmed for scrapping former franchises. Transport secretary Louise Haigh has confirmed that the last private sector train operating contract will end in October 2027, with the new ‘directing mind’ Great British Railways expected to be functioning by late 2026 ‘at the earliest’ after the forthcoming Railways Bill has been passed.
King’s Speech confirms creation of Great British Railways
Jul 17, 2024 · HM the King has confirmed that Great British Railways will be created and private sector passenger operators nationalised. ‘Shadow’ Great British Railways to be set up straight away to start industry collaboration Three railway bills planned to allow public ownership, create full GBR, and look again at rail projects north of the West Midlands
Timetable confirmed for scrapping former franchises
4 days ago · Transport secretary Louise Haigh has confirmed that the last private sector train operating contract will end in October 2027, with the new ‘directing mind’ Great British Railways expected to be functioning by late 2026 ‘at the earliest’ after the forthcoming Railways Bill has been passed.. There are ten former franchises still running at …
News | Railnews | Today's news for Tomorrow's railway
Timetable confirmed for scrapping former franchises. Transport secretary Louise Haigh has confirmed that the last private sector train operating contract will end in October 2027, with the new ‘directing mind’ Great British Railways expected to be functioning by late 2026 ‘at the earliest’ after the forthcoming Railways Bill has been passed.
Network Rail prepares for major changes as CP7 starts
Apr 3, 2024 · Network Rail chief executive Andrew Haines is predicting that Control Period 7 will mean meeting the challenges of ‘climate change, train performance, industry revenue and reform’.. Control Period 7 began on 1 April, and this five year budget is expected to be the last for Network Rail in its present form, because NR is set to become Great British Railways within the next two or three years.
Campaigners’ dismay after rail schemes are axed - Railnews
Jul 30, 2024 · Transport campaigners have expressed their dismay after Chancellor Rachel Reeves told MPs that the £500 million Restoring Your Railway fund had been cancelled, as part of a wide range of national economies to deal with an ‘overspend’ in the national budget of £22 billion. The decision puts projects to reopen lines and stations at risk in many parts of England, from the south west to the ...
Report claims possible rethink over National Rail Contracts
Nov 20, 2023 · The government is said to be poised to reintroduce a degree of commercial freedom in National Rail Contracts, with the intention of allowing operators to increase profits.. It is reported that the owners of operators are urging the government to loosen the tight restrictions of the present contracts.
Regulator approves £43.1 billion Network Rail budget
Oct 31, 2023 · Updated 09.30. Network Rail’s spending plans for Control Period 7, which begins in April, have been given the green light by the Office of Rail and Road.. The budget of £43.1 billion consists of £38.5 billion for England and Wales, and £4.6 billion for Scotland.
New hope for industrial peace on railways - Railnews
Nov 8, 2023 · The RMT and the Rail Delivery Group have announced what appears to be a major step forward in resolving the long-running industrial dispute over pay and conditions.. New offers will now be subject to ballots of RMT members at the train operating companies still involved in the dispute, which are most of those in England.
Operators call for large increase in rail freight - Railnews
Oct 12, 2022 · Train operators are calling for the volume of freight carried by rail to be trebled by 2050. The call has come from Rail Partners, which is a successor to the Rail Delivery Group and lobbies on behalf of the operators for the greatest possible amount of commercial freedom, now that franchises have been abolished.