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Cake day: June 14th, 2023

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  • Currently Network Rail owns and operates (nearly) all the railways, signals and ticket offices. Not sure about stations. Train companies rent rail stock, but they pay a high price for this and subsequently pass that onto the consumer, while maintaining that it’s necessary to charge expensive fares because their costs are so high.

    The government owns Network Rail. The government will take over the rail companies, and this will probably end up staggered as different companies have different contract dates. The rail stock itself will probably remain under the same ownership with more or less the same ridiculous rental charges.

    So all in all this probably won’t make that much difference.