Government sets out ‘bold new vision’ for Great British Railways that includes focus on efficiency

The rail industry will be simplified but still substantially privatised as a rebranded Great British Railways, the government will pledge when it publishes long-awaited overhaul on Thursday.

A white paper will place control of rail infrastructure and services under the new arm’s-length public body, with franchises replaced by contracts that will incentivise private firms on punctuality and efficiency rather than raising revenue.

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