DfT says end of franchising is first step towards complete overhaul of railway system
The UK government has extended emergency funding measures for rail companies for the next six to 18 months to help them get through the Covid-19 crisis, as a first step towards a complete overhaul of the railway system.
The Department for Transport said the move had ended franchising after 24 years as the first step in bringing Britain’s fragmented network back together. It hailed the emergency measures as a “transitional stage to a new system, the biggest change to the railways in a quarter of a century”.