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Book Competition  Regulation and the Privatisation of British Rail

Download or read book Competition Regulation and the Privatisation of British Rail written by John Shaw and published by Routledge. This book was released on 2019-05-24 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2000. This work looks at the privatization of British Rail. It covers the competition for franchises and the regulation of those franchises. The study evaluates the extent to which the promotion of competition was an appropriate policy goal in the privatization of British rail. The book examines the rail system as a whole and looks at the prospects for the future.

Book The Privatisation of British Rail

Download or read book The Privatisation of British Rail written by Sean McCartney and published by Taylor & Francis. This book was released on 2023-05-23 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The privatisation of the British railway industry was a unique political and economic event. An integrated industry was broken-up into numerous component parts and sold off to private sector interests. The result was a highly fragmented industry that was structurally unsound and operationally dysfunctional. This authoritative volume presents an enlightening portrait of an industry that is less efficient, more costly and still more dependent on state subsidy today than its nationalised predecessor. The nine chapters in this work present a comprehensive and rigorous evaluation of how and why the industry has become so dysfunctional and costly, supported by detailed financial analysis and industry examples. Seven chapters comprise a series of peer-reviewed academic papers by Professor McCartney and Dr Stittle and published in leading international journals over the period 2004–2017 which analyse selected key segments of the privatised industry: where appropriate, updates are provided at the end of these chapters outlining developments since initial publication relevant to the analysis therein. Two chapters are published here for the first time: Chapter 7 reviews the performance of the freight sector, while Chapter 1 ‘bookends’ the volume by providing first, an account of how rail privatisation was conceived and implemented in the 1980s/90s, and then reviews the impact of the pandemic and the proposals of the Williams-Shapps White Paper of 2021 which, if enacted, will effectively end the Major government’s experiment. Going far beyond the usual superficial analysis of the topic, this volume will be of significant interest to researchers and advanced students of accounting, economics, business history, transport studies, as well as industry and specialised business interests in transport and privatisation.

Book British Rail 1974 1997

Download or read book British Rail 1974 1997 written by Terence Richard Gourvish and published by Oxford University Press. This book was released on 2004-01-29 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on privileged access to the British Railway Board's rich archives, this book provides and authoritative account of the progress made by the British Railway System prior to its privatization. It offers a unique account of the last fifteen years of nationalized railways in Britain, and it sheds light on the current problems of privatized railway systems. This volume is divided into four complete and concise sections for complete study: 'Railways Under Labour (1974-1979)', 'The Thatcher Revolution (British Rail in the 1980's)', 'On The Threshold of Privatization: Running the Railways (1990-1994)', and 'Responding to Privatization (1981-1997)'. Author Terry Gourvish is considered Britain's leading railway historian.

Book On The Wrong Line  How Ideology and Incompetence Wrecked Britain  39 s Railways

Download or read book On The Wrong Line How Ideology and Incompetence Wrecked Britain 39 s Railways written by Christian Wolmar and published by Kemsing Publishing Limited. This book was released on 2005 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Modernisation of the West Coast Main Line

Download or read book The Modernisation of the West Coast Main Line written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2006-11-22 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This NAO report examines how effectively the Strategic Rail Authority/Department for Transport and Network Rail turned around the West Coast programme between 2002 and 2006 in terms of delivering outputs and expected outcomes in line with the schedule and targets set by the government and set out in the West Coast Main Line Strategy of June 2003. Three areas were examined in detail: how the Strategic Rail Authority/Department of Transport and Network Rail addressed the weaknesses in programme management before 2002 to achieve delivery to schedule; whether costs have been brought under control; whether the programme is delivering its anticipated benefits. A number of findings and conclusions have been set out, including: that the SRA and Network Rail did turn around the programme through an industry-supported strategy, reducing technology risk through reliance on conventional signalling for most of the upgrade; there were some implementation problems in two areas, axle counters and computer-based interlocking signalling, which resulted in an increase in costs; in general, Network Rail's control of costs has improved, but an analysis of its reported and forecast expenditure shows a final programme spend of £8.6 billion, with an overspend of around £300 million; for renewal work on the west coast route, Network Rail is within its overall funding allowance and on course to achieve 70% of the £940 million cost efficiencies assumed by the rail Regulator; at present the Strategic Rail Authority provides subsidies on an annual basis to Virgin West Coast of £590 million in 2005-06 period, this amount represents a payment needed to maintain train services and is outside the £8.6 billion; the project has delivered journey time improvements, with punctuality and train reliability on the West Coast having improved since 2005; in the 2005-06 period, passenger journeys on Virgin West Coast grew by over 20%, and the remaining work on the programme to 2009 will increase passenger train and freight capacity, but the consensus in the rail industry is that around 2015 to 2020, the line will have insufficient capacity to sustain current levels of growth in passenger and freight traffic; the overall strategy has delivered passenger benefits from a modernised track, but value for money for the programme has not been maximised. The report sets out a number of recommendations, including: that the Department in future should model and appraise costs and benefits for different options for the timing of delivery of the project; that the Department and the Office of Rail Regulation should further develop standard definitions for costs for different stages and elements of transport projects; where projects propose new technology at significant cost, the Department and ORR should ensure that Network Rail draws up a supporting business case, addressing costs, benefits and possible challenges along with a supporting implementation and maintenance strategy; the ORR should ensure Network Rail progresses its plans and adopts best practice strategy, and this approach should include a company-wide strategy that addresses whole life costs in its investment appraisal/project business cases, along with improved recording of maintenance and renewals costs for its equipment.

Book New Directions for British Railways

Download or read book New Directions for British Railways written by Stephen Glaister and published by . This book was released on 1993 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book British Rail 1974 1997

Download or read book British Rail 1974 1997 written by Terry Gourvish and published by OUP Oxford. This book was released on 2002-03-28 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt: Britain's privatised railways continure to provoke debate about the organisation, financing, and development of the railway system. This important book, written by Britain's leading railway historian, provides an authoritative account of the progress made by British Rail prior to privatisation, and a unique insight into its difficult role in the government's privatisation planning from 1989. Based on free access to the British Railway Board's rich archives, the book provides a comprehensive analysis of the main themes: a process of continuous organisational change; the existence of a persistent government audit; perennial investment restraints; the directive to reduce operating costs and improve productivity; a concern with financial performance, technological change, service quality, and the management of industrial relations; and the Board's ambiguous position as the Conservative government pressed home its privatisation programme. The introduction of sector management from 1982 and the 'Organising for Quality' initiative of the early 1990s, the Serpell Report on railway finances of 1983, the sale of the subsidiary businesses, the large-scale investment in the Channel Tunnel, and the obsession with safety which followed the Clapham accident of 1988, are all examined in depth. In the conclusion, the author reviews the successes and failures of the public sector, rehearses the arguments for and against integration in the railway industry, and contrasts what many have termed 'the golden age' of the mid-late 1980s, when the British Rail-government relationship was arguably at its most effective, with what has happened since 1994.

Book All Change

    Book Details:
  • Author : Roger Freeman
  • Publisher :
  • Release : 2000
  • ISBN : 9780077096793
  • Pages : 250 pages

Download or read book All Change written by Roger Freeman and published by . This book was released on 2000 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text tells the story of British Rail privatization. It asks why British Rail was sold, what problems were faced by policy makers, how these problems were overcome, and the outcome of the process as a whole.

Book Off the Rails

Download or read book Off the Rails written by Andrew Murray and published by Verso. This book was released on 2002-11-17 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: A damning indictment of the chaos on the British railways.

Book The Privatisation of British Rail

Download or read book The Privatisation of British Rail written by Nigel G. Harris and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book British Railways 1948 73

Download or read book British Railways 1948 73 written by T. R. Gourvish and published by Cambridge University Press. This book was released on 1986 with total page 1690 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1986, this is a business history of the first twenty-five years of nationalised railways in Britain. Commissioned by the British Railways Board and based on the Board's extensive archives, it fully analyses the dynamics of nationalised industry management and the complexities of the vital relationship with government. After exploring the origins of nationalisation, the book deals with the organisation, financial performance, investment and commercial policies of the British Transport Commission (1948-2), Railway Executive (1948-53) and British Railways Board (1963-73). Calculations of profit and loss, investment, and productivity are provided on a consistent basis for 1948-73. This business history thus represents a major contribution not only to the debate about the role of the railways in a modern economy but also to that concerning the nationalised industries, which have proved to be one of the most enduring problems of the British economy since the war.

Book British Railway Stinks

Download or read book British Railway Stinks written by David Smith and published by Mortons Books. This book was released on 2019-11-22 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first railway chemical laboratory was opened in 1864 by the London & North Western Railway at Crewe, and the last ones lost their direct link to the rail industry on their privatisation in 1996. Whatever their expertise, every railway chemist or 'stink' has been asked the same question: "What do you actually do"? That is precisely the question this book attempts to answer. It covers many aspects of the work, from a BR chemist going to San Francisco to blow up a water melon to declaring an empty coal wagon a confined space; from whitewashing a passenger train, in service, in a couple of seconds to questioning, on chemical grounds, the mental state of the chairman of British Rail; from gassing weevils to setting fire to a canal in Derby. British Railway Stinks tells the unusual, astonishing and sometimes downright hilarious story of the railway 'nuts' who decided what exactly the 'wrong kind of leaves' were.

Book British Rail

Download or read book British Rail written by Paul Salveson and published by . This book was released on 1989 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book British Rail Privatisation  Recent Trends

Download or read book British Rail Privatisation Recent Trends written by Alessia Patuelli and published by Saggi e studi. This book was released on 2017 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Brown Review of the Rail Franchising Programme

Download or read book The Brown Review of the Rail Franchising Programme written by Richard Brown and published by The Stationery Office. This book was released on 2013-01-10 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: The competition held by the Department for Transport to award a new InterCity West Coast franchise in 2012 was intended to be the first in the most extensive programme of franchising since privatisation. Significant errors were made by the Department during the competition, which not only caused the cancellation of that franchise award at considerable public expense but also called into question the remaining franchising programme. This report is the second of two independent reviews commissioned by the Government, by Richard Brown, the Chairman of Eurostar. It concludes that franchising is a fundamentally sound approach for securing the passenger railway services on which so many people rely. His recommendations include: that the franchising programme should be restarted as soon as possible, but at a pace that both the department and the industry can sustain; that franchise terms should be determined by the circumstances and size of each individual franchise; proposals to strengthen and simplify the bidding and evaluation process for each franchise; proposals for the financial and contractual structure of future franchises, including in relation to risk allocation and capital requirements; and that the government should plan to devolve responsibility for further English franchises to the relevant authorities. Mr Brown also makes recommendations on how to strengthen the department's capability to manage the future franchising programme, echoing the findings of Sam Laidlaw's independent inquiry into the lessons to be learnt from the InterCity West Coast competition. The review also recommends that the Government should determine, by February, plans for the three franchise competitions which were put on hold

Book The Railways

    Book Details:
  • Author : Simon Bradley
  • Publisher : Profile Books
  • Release : 2015-09-24
  • ISBN : 1847653529
  • Pages : 607 pages

Download or read book The Railways written by Simon Bradley and published by Profile Books. This book was released on 2015-09-24 with total page 607 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sunday Times History Book of the Year 2015 Currently filming for BBC programme Full Steam Ahead Britain's railways have been a vital part of national life for nearly 200 years. Transforming lives and landscapes, they have left their mark on everything from timekeeping to tourism. As a self-contained world governed by distinctive rules and traditions, the network also exerts a fascination all its own. From the classical grandeur of Newcastle station to the ceaseless traffic of Clapham Junction, from the mysteries of Brunel's atmospheric railway to the lost routines of the great marshalling yards, Simon Bradley explores the world of Britain's railways, the evolution of the trains, and the changing experiences of passengers and workers. The Victorians' private compartments, railway rugs and footwarmers have made way for air-conditioned carriages with airline-type seating, but the railways remain a giant and diverse anthology of structures from every period, and parts of the system are the oldest in the world. Using fresh research, keen observation and a wealth of cultural references, Bradley weaves from this network a remarkable story of technological achievement, of architecture and engineering, of shifting social classes and gender relations, of safety and crime, of tourism and the changing world of work. The Railways shows us that to travel through Britain by train is to journey through time as well as space.

Book British Rail

    Book Details:
  • Author : Christian Wolmar
  • Publisher : Penguin UK
  • Release : 2022-06-09
  • ISBN : 0241456215
  • Pages : 261 pages

Download or read book British Rail written by Christian Wolmar and published by Penguin UK. This book was released on 2022-06-09 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authoritative and fascinating history of the rise and fall of the state-owned British Rail 'Wolmar's book is impeccably organised and makes a fast, enjoyable read' THE TIMES Literary Supplement________ British Rail wasn't how we're asked to remember it . . . From ancient rolling stock to patchy service, stale sandwiches to the wrong kind of snow, British Rail - our last great state-owned organisation to be privatised - has received a terrible press. But after its controversial 1948 creation, British Rail was actually an innovative powerhouse that over five decades transformed the UK, creating one of the fastest regular rail services in the world. Award-winning journalist Christian Wolmar takes us from promise to punchline, exploring British Rail's birth into post-war austerity, the many battles and struggles to evolve what many considered to be a dinosaur, and how, at the height of its success, the service was misunderstood and unfairly maligned, ruthlessly broken up and privatised._______ Praise for Christian Wolmar 'Wolmar is the high priest of railway studies' Literary Review 'The greatest expert on British trains' Guardian 'Our most eminent transport journalist' Spectator 'If the world's railways have a laureate, it is surely Christian Wolmar' Boston Globe 'Christian Wolmar is in love with the railways. He writes constantly and passionately about them. He is their wisest, most detailed historian and a constant prophet of their rebirth . . . if you love the hum of the wheels and of history, then Christian Wolmar is your man' Observer