Privatisation of British Rail
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 A 1950s Mk1-based Class 411 (4-CEP) "slam-door" EMU at London Victoria station, in Network SouthEast livery (March 2003) |
The privatisation of British Rail was set in motion when the Conservative government enacted, on 19 January 1993, the British Coal and British Rail (Transfer Proposals) Act 1993 (c3). This enabled the relevant Secretary of State to issue directions (as to the disposal of holdings) to the relevant Board. This was necessary since (in the case of the British Railways Board) they had to act, at all times, within the rules established by various Transport and Railways Acts – none of which would have allowed the Board to 'sell-off' any of its assets. The subsequent direction from the Secretary of State forced the creation of Railtrack PLC. This then paved the way, later that year for the Railways Act 1993 introduced by John Major's Conservative government. The operations of the British Railways Board (BRB) were broken up and sold off. This process was very controversial at the time, and the Labour opposition announced its intention to re-nationalise the railways, although this was not implemented by the subsequent Labour government. The manner in which privatisation was carried out has also received criticism for the number of companies involved (over 20), and its complexity.
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| Libertarian Alliance: Why British Rail privatisati... Libertarian Alliance: Why British Rail privatisation has failed www.libertarian.co.uk/lapubs/econn/econn091.pdf - Web |
| Adam Smith Institute: State rail's much costlier Adam Smith Institute: State rail's much costlier www.adamsmith.org/blog-archive/000426.php - Web |
| Worker's Liberty: British Rail privatisation: What... Worker's Liberty: British Rail privatisation: What it means and why it happened www.workersliberty.org/node/view/2094 - Web |
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| Economic Issues: Subsidy and productivity in the p... Economic Issues: Subsidy and productivity in the privatised British passenger railway www.economicissues.org/archive/pdfs/4v7p1.PDF - Web |
| British Rail Sidetracked British Rail Sidetracked www.eriksrailnews.com/archive/thatcher.htm - Web |
| "Single or Return - the official history of the "Single or Return - the official history of the www.tssa.org.uk/about/single-or-return/chapter31.htm - Web |
| "Single or Return - the official history of the Tr... "Single or Return - the official history of the Transport Salaried Staffs' Association www.tssa.org.uk/about/single-or-return/chapter32.htm - Web |
| EU Directive 91/440 of 29 July 1991 EU Directive 91/440 of 29 July 1991 ec.europa.eu/.../91l237_en.html - Web |
| EU Directive 2001/12 of 26 February 2001, amending... EU Directive 2001/12 of 26 February 2001, amending 91/440 eur-lex.europa.eu/.../LexUriServ.do?uri=CELEX:32001L0012:EN:HTML - Web |
| Railways Act 1993 Railways Act 1993 www.opsi.gov.uk/acts/acts1993/Ukpga_19930043_en_1.htm - Web |
| Railways Act 2005 Railways Act 2005 www.opsi.gov.uk/acts/acts2005/20050014.htm - Web |
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| Office of Rail Regulation Office of Rail Regulation www.rail-reg.gov.uk - Web |
