Government sets out ‘bold new vision’ for train industry that includes focus on efficiency
The rail industry will be simplified but still substantially privatised as a rebranded Great British Railways, the government has pledged after publishing its long-awaited overhaul on Thursday.
A white paper places control of rail infrastructure and services under the new arm’s-length public body, with franchises replaced by contracts that will incentivise private firms on punctuality and efficiency rather than raising revenue.
