Railways: privatisation, 1987-1996

This note describes the structure of the rail industry following privatisation by the Railways Act 1993. It is intended to give a factual account and only briefly touches on the issues involved in reaching decisions about the form of privatisation chosen or its shortcomings.

This note describes the structure of the rail industry following privatisation by the Railways Act 1993. It is intended to give a factual account and only briefly touches on the issues involved in reaching decisions about the form of privatisation chosen or its shortcomings.