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  2. 1994

    The privatisation of British Rail was the process by which ownership and operation of the railways of Great Britain passed from government control into private hands. Begun in 1994, the process was largely completed by 1997.
    en.wikipedia.org/wiki/Privatisation_of_British_Rail
    en.wikipedia.org/wiki/Privatisation_of_British_Rail
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    Privatisation of British Rail - Wikipedia

    The privatisation of British Rail was the process by which ownership and operation of the railways of Great Britain passed from government control into private hands. Begun in 1994, the process was largely completed by 1997. The deregulation of the industry was in part motivated by the enactment of EU Directive … See more

    To 1979
    Historically, the pre-nationalisation railway companies were almost entirely self-sufficient, including, for example, the production of the … See more

    As implemented
    The original privatisation structure, created over the three years from 1 April 1994, consisted of passing … See more

    Privatisation of British Rail occurred at the same time as the Channel Tunnel project linking Great Britain with France reached completion, with the … See more

    Impact image

    As a precursor to the main legislation, the British Coal and British Rail (Transfer Proposals) Act 1993 was passed on 19 January 1993. This legislation gave the Secretary of State the power to issue directions to the BRB to sell assets, something which … See more

    The impact of privatisation has been debated by the public, media and the rail industry ever since the process was completed. Whether … See more

    • Parker, David (2009). The Official History of Privatisation Vol. I: The Formative Years, 1970-1987. Routledge. ISBN 978-0-415-46916-6 See more

     
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