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What proportion of rail services will be in public hands by the end of 2025?

The remaining 61% of journeys in Britain would be on services operated by UK-based private companies such as FirstGroup, which currently runs GWR, Hull Trains and Lumo Trains; foreign-based companies such as Arriva UK Trains, recently sold by the German state-owned national rail company Deutsche Bahn to the international private equity firm I Squared Capital, which currently runs Chiltern Railways, CrossCountry, Grand Central and the London Overground; or a combination of both in partnership, such as Avanti West Coast, which is owned jointly by FirstGroup and the Italian public-private company Trenitalia.

Content Source: www.standard.co.uk

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