UK rail industry reaches key political junction


FE Team | Published: September 08, 2019 23:27:27


UK rail industry reaches key political junction


LONDON, Sept 08 (AFP): Britain's historic rail industry is destined for the biggest shakeup in decades that could end in renationalisation and significant investment to vastly improve services amid costly fares and delays.
Full state-control of the industry is a distinct possibility should a looming general election triggered by Brexit turmoil result in victory for the main opposition Labour party.
At the same time, British Prime Minister Boris Johnson is awaiting the conclusions of a passenger-focused review of the UK's entire rail sector described by the Conservative government as "the most significant" since the Tories privatised British Rail in the mid-1990s.

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