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Chiltern Railways
Chiltern Railways (legal name The Chiltern Railway Company Limited) is a British train operating company that has operated the Chiltern Railways franchise since July 1996. Since 2009, it has been a subsidiary of Arriva UK Trains. Chiltern Railways was founded as M40 Trains by a group of ex-British Rail managers backed by John Laing Group, John Laing and 3i; in June 1996, it was announced that M40 Trains had been awarded the Chiltern Railways franchise. On 21 July 1996, it took over operations from British Rail. The company promptly commenced the redoubling of the Chiltern Main Line under the ''Evergreen'' initiative and ordered the ''Clubman'' diesel multiple units (DMUs) to supplement its ex-British Rail fleet. Following the awarding of a 20-year franchise to Chiltern Railways in August 2000, Evergreen phase 2 works begun to raise line speeds around , built two new platforms at its terminus. In January 2010, a £250 million upgrade package was agreed for Evergreen phase 3, re ...
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British Rail Mark 3
The British Rail Mark 3 is a type of passenger railway carriage, carriage developed in response to growing competition from passenger airline, airlines and the automobile, car in the 1970s. A variant of the Mark 3 became the rolling stock for the InterCity 125, High Speed Train (HST). Originally conceived as locomotive-hauled coaching stock, the first coaches built were for the prototype HST in 1972. Production coaches entered service between 1975 and 1988, and multiple-unit designs based on the Mark 3 bodyshell continued to be built until the early 1990s. Most of the surviving fleet of the Mark 3 and its derivatives were still in revenue service on the British railway network in 2020, however, as of 7 April 2021, 300 carriages have been sent for scrap. Introduction Under the chairmanship of Stanley Raymond, it was decided to reduce journey times further on long-distance trains by increasing line speed to , where practical – the maximum considered possible on Britain's Victor ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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Oxford–Bicester Line
The Oxford–Bicester line is a railway line linking Oxford and Bicester in Oxfordshire, England. Opened in 1850, later becoming part of a through route to Cambridge, it closed in 1967 along with much of the rest of the original line. The section between Oxford and Bicester was reopened in 1987 as a branch line, and closed from early 2014 to late 2015 for a substantial upgrade in which it became part of a new route between Oxford and via High Wycombe. In addition, it is intended that by 2025 the original route eastwards will be restored as far as Bletchley allowing services to run to Bedford. This East West Rail project includes a long-term plan to re-establish the route through to . History Opening and original operation The line was opened in 1850 as part of the Buckinghamshire Railway, which in 1879 became part of the London and North Western Railway. In the grouping of Britain's railways in 1923 the L&NWR became part of the London, Midland and Scottish Railway, and ...
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London–Aylesbury Line
The London–Aylesbury line is a railway line between London Marylebone and Aylesbury, going via the Chiltern Hills; passenger trains are operated by Chiltern Railways. Nearly half of the line is owned by London Underground, approximately – the total length of the passenger line is about with a freight continuation. The line is part of the former trunk route, the Great Central Main Line. History Development of the route The route towards Aylesbury opened in stages between 1868 and 1899: # The Metropolitan & St. John's Wood Railway (later part of the Metropolitan Railway) opened from Baker Street to Swiss Cottage in 1868. # The Aylesbury and Buckingham Railway connected Verney Junction with Aylesbury in 1868. The route would become part of the Met in 1891. # In 1879 the Met was extended from Swiss Cottage to Willesden Green. # In 1880 to Harrow -on-the-Hill. # In 1885 to Pinner. # In 1887 to Rickmansworth. # In 1889 to Chesham. # Then in September 1892 the Metropolitan c ...
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West Midlands (county)
West Midlands is a Metropolitan county, metropolitan and Ceremonial counties of England, ceremonial county in the larger West Midlands (region), West Midlands region of England. A landlocked county, it is bordered by Staffordshire to the north and west, Worcestershire to the south, and is almost surrounded by Warwickshire to the east. The largest settlement is the city of Birmingham. The county is almost entirely urban, with an area of and a population of 2,953,816, making it the List of ceremonial counties of England, second most populous county in England after Greater London. After Birmingham (1,144,919) the largest settlements are the cities of Coventry (345,324) and Wolverhampton (263,700), Solihull (126,577), and Sutton Coldfield (109,899). Nearly all of the county's settlements belong to the West Midlands conurbation, West Midlands and Coventry and Bedworth urban area, Coventry built-up areas, though the 'Meriden Gap' between them is rural. For Local government in Engl ...
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Warwickshire
Warwickshire (; abbreviated Warks) is a Ceremonial counties of England, ceremonial county in the West Midlands (region), West Midlands of England. It is bordered by Staffordshire and Leicestershire to the north, Northamptonshire to the east, Oxfordshire and Gloucestershire to the south, and Worcestershire and the West Midlands (county), West Midlands county to the west. The largest settlement is Nuneaton and the county town is Warwick. The county is largely rural; it has an area of and a population of 571,010. After Nuneaton (88,813), the largest settlements are Rugby, Warwickshire, Rugby (78,125), Leamington Spa (50,923), Warwick (36,665), Bedworth (31,090) and Stratford-upon-Avon (30,495). For Local government in England, local government purposes, Warwickshire is a non-metropolitan county with five districts. The county Historic counties of England, historically included the city of Coventry and the area to its west, including Royal Town of Sutton Coldfield, Sutton Coldfield ...
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Northamptonshire
Northamptonshire ( ; abbreviated Northants.) is a Ceremonial counties of England, ceremonial county in the East Midlands of England. It is bordered by Leicestershire, Rutland and Lincolnshire to the north, Cambridgeshire to the east, Bedfordshire, Buckinghamshire and Oxfordshire to the south and Warwickshire to the west. Northampton is the largest settlement and the county town. The county has an area of and a population of 747,622. The latter is concentrated in the centre of the county, which contains the county's largest towns: Northampton (249,093), Corby (75,571), Kettering (63,150), and Wellingborough (56,564). The northeast and southwest are rural. The county contains two local government Non-metropolitan district, districts, North Northamptonshire and West Northamptonshire, which are both Unitary authority, unitary authority areas. The Historic counties of England, historic county included the Soke of Peterborough. The county is characterised by low, undulating hills, p ...
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Oxfordshire
Oxfordshire ( ; abbreviated ''Oxon'') is a ceremonial county in South East England. The county is bordered by Northamptonshire and Warwickshire to the north, Buckinghamshire to the east, Berkshire to the south, and Wiltshire and Gloucestershire to the west. The city of Oxford is the largest settlement and county town. The county is largely rural, with an area of and a population of 691,667. After Oxford (162,100), the largest settlements are Banbury (54,355) and Abingdon-on-Thames (37,931). For local government purposes Oxfordshire is a non-metropolitan county with five districts. The part of the county south of the River Thames, largely corresponding to the Vale of White Horse district, was historically part of Berkshire. The lowlands in the centre of the county are crossed by the River Thames and its tributaries, the valleys of which are separated by low hills. The south contains parts of the Berkshire Downs and Chiltern Hills, and the north-west includes part o ...
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Buckinghamshire
Buckinghamshire (, abbreviated ''Bucks'') is a Ceremonial counties of England, ceremonial county in South East England and one of the home counties. It is bordered by Northamptonshire to the north, Bedfordshire to the north-east, Hertfordshire to the east, Greater London to the south-east, Berkshire to the south, and Oxfordshire to the west. The largest settlement is the city of Milton Keynes, and the county town is Aylesbury. The county has an area of and had a population of 840,138 at the 2021 census. ''plus'' Besides Milton Keynes, which is in the north-east, the largest settlements are in the southern half of the county and include Aylesbury, High Wycombe, and Chesham. For Local government in England, local government purposes Buckinghamshire comprises two Unitary authorities of England, unitary authorities, Buckinghamshire Council and Milton Keynes City Council. The Historic counties of England, historic county had slightly different borders, and included the towns of S ...
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M40 Motorway
The M40 motorway links London, Oxford, and Birmingham in England, a distance of approximately . The motorway is dual three lanes except for junction 1A to junction 3 (which is dual four lanes) a short section in-between the exit and entry highway ramp, slip-roads at junction 4 (which is two lanes in both directions) and also between the slip-roads at junction 9 (in the south-eastbound direction only). An Active Traffic Management system operates on the short section north-westbound from junction 16 (A3400 road, A3400) to the M42 motorway, M42. History London to Great Milton The motorway between London and Oxford was constructed in stages between 1967 and 1974. The first section opened in June 1967, from Handy Cross roundabout, High Wycombe to Stokenchurch (junctions 4–5). In 1969, extending in a southerly direction to Holtspur, Beaconsfield, a temporary junction 2 was opened. The section bypassing Beaconsfield was built in 1971 and the section past Gerrards Cross to jun ...
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