Live blog with the latest updates and reactions to the Williams-Shapps Plan for Rail published on May 20 2021, the UK government’s white paper based on the Williams Review of the future structure of the rail industry.
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Rail Business UKConcession model could affect ROSCO business models
UK: Rolling stock leasing companies’ business models, risk profiles and financial positions could be affected by the move to concessions for operating passenger train services under the Williams-Shapps Plan for Rail, according to Fitch Ratings. ‘The proposals do not imply any direct change for the role ...
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Rail Business UKGreat British Railways to provide ‘united, accountable leadership’ for the rail sector
UK: Replacing ‘a quarter-century of fragmentation’ with ‘single, accountable national leadership’ is at the core of the government’s Williams-Shapps Plan for reform of the railways in Great Britain, with passenger services to be provided by private sector concessionaires under contract to a new public body Great British ...
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Rail Business UKGrayling demands 'root and branch' review of UK railway
UK: A comprehensive review of the rail sector was announced by Secretary of State for Transport Chris Grayling on September 20. Responding to concerns over the passenger franchising model following the collapse of the Inter-City East Coast franchise, delays and cost over-runs with Network Rail’s investment programme, and operational problems ...