10 Privatisation of British Rail

The impact of the privatisation of British Rail has been the subject of much debate, with the stated benefits including improved customer service, and more investment; and stated drawbacks including higher fares, lower punctuality and increased rail subsidies. The privatisation of British Rail began in the 1990s.

Passenger rail franchising in Great Britain was the system of contracting the operation of the passenger services on the railways of Great Britain to private companies, between 1996 and 2020.

Angel Trains is a British rolling stock company (ROSCO) established in April 1994 as part of the privatisation of British Rail. Together with Eversholt Rail Group and Porterbrook, it is one of the three original ROSCOs.

Eversholt Rail Group is a British rolling stock company (ROSCO) established in April 1994 as part of the privatisation of British Rail. Together with Angel Trains and Porterbrook, it is one of the three original ROSCOs.

Loadhaul Ltd. was a railfreight operator based in the north-east of the United Kingdom. It was formed in 1994, as part of the privatisation of British Rail, and acquired in 1996 by a consortium headed by Wisconsin Central, then merged into a new company English Welsh & Scottish Railway. It is now part of DB Cargo.

Mainline Freight was a trainload rail freight operator based in Islington, London, England with operations extending to Yorkshire in the north and Somerset in the west. It was formed from part of British Rail's Trainload Freight division as part of the privatisation of British Rail.

Railtrack was a group of companies that owned the track, signalling, tunnels, bridges, level crossings and all but a handful of the stations of the British railway system from 1994 until 2002. It was created as part of the privatisation of British Rail, listed on the London Stock Exchange, and was a constituent of the FTSE 100 Index. In 2002, after experiencing major financial difficulty, most of Railtrack's operations were transferred to the state-controlled non-profit company Network Rail. The remainder of Railtrack was renamed RT Group plc and eventually dissolved on 22 June 2010.

The Railways Act 1993 was introduced by John Major's Conservative government and passed on 5 November 1993. It provided for the restructuring of the British Railways Board (BRB), the public corporation that owned and operated the national railway system. A few residual responsibilities of the BRB remained with BRB (Residuary) Ltd.

Transrail was a trainload rail freight operator based in St Blazey, England, UK with a large operating area including Scotland, Wales and the west of England. It was formed in 1994 from part of British Rail's Trainload Freight division, as part of the privatisation of British Rail.