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  2. By 1992, however, there was little left to privatize; and the Conservative Party, then led by John Major, finally announced its intention to sell off British Rail.
    www.accessmagazine.org/spring-1999/splitting-ties-privatization/
    www.accessmagazine.org/spring-1999/splitting-ties-privatization/
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    Privatisation of British Rail - Wikipedia

    Under the Railways Act 1993, the operations of the BRB were broken up and sold off to various parties while various regulatory functions transferred to the newly created office of the Rail Regulator. See more

    The privatisation of British Rail was the process by which ownership and operation of the railways of Great Britain passed from government … See more

    As a precursor to the main legislation, the British Coal and British Rail (Transfer Proposals) Act 1993 was passed on 19 January 1993. This … See more

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

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

     
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