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Financing Of The Rail Industry In Great Britain
The financing of the rail industry in Great Britain is how rail transport in Great Britain is paid for. Most of the industry's income comes from passengers, with the government also providing rail subsidies, and income from property and freight also providing a small proportion. The majority of the expenditure (£12.1 billion) is spent by train operating company, train operating companies on leasing/maintaining trains, paying staff, and purchasing fuel. Network Rail spends the other £6.6 billion on maintaining and upgrading track, stations, tunnels, signals and bridges. Train operating companies The train operating companies collect money from the passengers via fares (£9.4 billion in 2015/16) and other forms of income (e.g. parking and catering) and spend it on running trains. They spent £2.8 billion on staffing, £0.6 billion on fuel, £1.4 billion on leasing trains, £1.3 billion on infrastructure access charges and £2.8 billion on other expenditure. They also paid out £228 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GB Rail Subsidy, 1985-2019
GB, or Gb may refer to: Places * United Kingdom (ISO 3166-1 code), a sovereign country situated off the north-western coast of continental Europe ** Great Britain, an island situated off the north-western coast of continental Europe ** Kingdom of Great Britain (1707–1800), a predecessor country of the United Kingdom * Gilgit-Baltistan, a region in northern Pakistan * Guinea-Bissau, a sovereign state in West Africa * Green Bay, Wisconsin, United States * Great Barrington, Massachusetts, United States Businesses and organisations * GB Airways, a British airline * Gardner Bender, a manufacturer of professional electrician's tools and supplies * Girls' Brigade, a Christian organization for girls * Grande Bibliothèque, a large public library in Montreal * University of Wisconsin–Green Bay, an American university * ABX Air (IATA airline designator GB), a cargo airline * GB Glace, a Swedish ice cream company * Griesedieck Brothers beer, an American beer brand * GB Supermarkets, a B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rail Transport In Great Britain
The railway system in Great Britain is the oldest railway system in the world. The first locomotive-hauled public railway opened in 1825, which was followed by an era of rapid expansion. Most of the track is managed by Network Rail, which in 2017 had a network of of standard-gauge lines, of which were electrified. These lines range from single to quadruple track or more. In addition, some cities have separate metro, light rail and tram systems (including the extensive and historic London Underground). There are also many private railways (some of them narrow-gauge), which are primarily short lines for tourists. The main rail network is connected with that of continental Europe by the Channel Tunnel and High Speed 1 (originally the Channel Tunnel Rail Link), which fully opened in 1994 and 2007 respectively. In 2019, there were 1.738 billion journeys on the National Rail network, making the British network the fifth most used in the world (Great Britain ranks 23rd in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rail Subsidies
Many countries offer subsidies to their railways because of the social and economic benefits that it brings. The economic benefits can greatly assist in funding the rail network. Those countries usually also fund or subsidize road construction, and therefore effectively also subsidize road transport. Rail subsidies vary in both size and how they are distributed, with some countries funding the infrastructure and others funding trains and their operators, while others have a mixture of both. Subsidies can be used for either investment in upgrades and new lines, or to keep lines running that create economic growth. Rail subsidies are largest in China ($130 billion), Europe (€73 billion) and India ($35.8 billion), while the United States has relatively small subsidies for passenger rail with freight not subsidized. Social and economic benefits of rail Railways channel growth toward dense city agglomerations and along their arteries. These arrangements help to regenerate cities, incr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Train Operating Company
A train operating company (TOC) is a business operating Passenger Trains, passenger trains on the Rail transport in Great Britain, railway system of Great Britain under the collective National Rail brand. TOCs have existed since the Privatisation of British Rail, privatisation of the network under the Railways Act 1993. There are two types of TOC: most hold Passenger rail franchising in Great Britain, franchises let by the Department for Transport through a tendering system, to operate services on certain routes for a specified duration, while a small number of open-access operators hold licences to provide supplementary services on chosen routes. These operators can run services for the duration of the licence validity. The franchised operators have changed considerably since privatisation: previous franchises have been divided, merged, re-let to new operators, or renamed. Some operators have been taken over by a government-owned operator of last resort, due either to failing exp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Network Rail
Network Rail Limited is the owner (via its subsidiary Network Rail Infrastructure Limited, which was known as Railtrack plc before 2002) and infrastructure manager of most of the railway network in Great Britain. Network Rail is an "arm's length" public body of the Department for Transport with no shareholders, which reinvests its income in the railways. Network Rail's main customers are the private train operating companies (TOCs), responsible for passenger transport, and freight operating companies (FOCs), who provide train services on the infrastructure that the company owns and maintains. Since 1 September 2014, Network Rail has been classified as a "public sector body". To cope with fast-increasing passenger numbers, () Network Rail has been undertaking a £38 billion programme of upgrades to the network, including Crossrail, electrification of lines and upgrading Thameslink. In May 2021, the Government announced its intent to replace Network Rail in 2023 with a ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greater London Authority
The Greater London Authority (GLA), colloquially known by the metonym "City Hall", is the devolved regional governance body of Greater London. It consists of two political branches: the executive Mayoralty (currently led by Sadiq Khan) and the 25-member London Assembly, which serves as a means of checks and balances on the former. Since May 2016, both branches have been under the control of the London Labour Party. The authority was established in 2000, following a local referendum, and derives most of its powers from the Greater London Authority Act 1999 and the Greater London Authority Act 2007. It is a strategic regional authority, with powers over transport, policing, economic development, and fire and emergency planning. Three functional bodies— Transport for London, the Mayor's Office for Policing and Crime, and the London Fire Commissioner—are responsible for delivery of services in these areas. The planning policies of the Mayor of London are detailed in a statuto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crossrail
Crossrail is a railway construction project mainly in central London. Its aim is to provide a high-frequency hybrid commuter rail and rapid transit system crossing the capital from suburbs on the west to east, by connecting two major railway lines terminating in London: the Great Western Main Line and the Great Eastern Main Line. The project was approved in 2007, and construction began in 2009 on the central section and connections to existing lines that became part of the route, which has been branded the Elizabeth line in honour of Queen Elizabeth II who opened the line on 17 May 2022 during her Platinum Jubilee. The central section of the line between Paddington and Abbey Wood opened on 24 May 2022, with 12 trains per hour. The main feature of the project is the construction of a new railway line that runs underground from Paddington Station to a junction near Whitechapel. There it splits into a branch to , where it joins the Great Eastern Main Line; and a branch to Abbey ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merseytravel
Merseytravel is the passenger transport executive, responsible for the coordination of public transport in the Liverpool City Region in North West England. Merseytravel was established on 1 December 1969 as the Merseyside Passenger Transport Executive. From 1 April 2014, with the creation of the Liverpool City Region, Merseytravel expanded its area of operation from the metropolitan county of Merseyside to also include the Borough of Halton. Governance The Merseyside Passenger Transport Authority and Merseyside Passenger Transport Executive were established as a result of the Transport Act 1968. The authority, which was responsible for transport strategy and policy, included representatives from 18 different councils. The executive was responsible for day-to-day operation of transport services. In 1974, when the transport organisation's boundaries were made co-extensive with the new metropolitan county of Merseyside which was formally created by the Local Government Act 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transport For Greater Manchester
Transport for Greater Manchester (TfGM) is the public body responsible for co-ordinating transport services throughout Greater Manchester in North West England. TfGM is responsible for investments in improving transport services and facilities. It is an executive arm of the Greater Manchester Combined Authority (GMCA), the city region's administrative authority. The strategies and policies of TfGM are set by the GMCA and its Greater Manchester Transport Committee (GMTC). The committee is made up of 33 councillors appointed from the ten Greater Manchester districts (Bolton, Bury, Manchester, Oldham, Rochdale, Salford, Stockport, Tameside, Trafford and Wigan). History The organisation traces its origins to the Transport Act 1968, when the SELNEC (South East Lancashire/North East Cheshire) Passenger Transport Executive was established to co-ordinate public transport in and around Manchester. Between 1974 and 2011, it was known as the Greater Manchester Passenger Transport Execut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Rail
British Railways (BR), which from 1965 traded as British Rail, was a state-owned company that operated most of the overground rail transport in Great Britain from 1948 to 1997. It was formed from the nationalisation of the Big Four British railway companies, and was privatised in stages between 1994 and 1997. Originally a trading brand of the Railway Executive of the British Transport Commission, it became an independent statutory corporation in January 1963, when it was formally renamed the British Railways Board. The period of nationalisation saw sweeping changes in the railway. A process of dieselisation and electrification took place, and by 1968 steam locomotives had been entirely replaced by diesel and electric traction, except for the Vale of Rheidol Railway (a narrow-gauge tourist line). Passengers replaced freight as the main source of business, and one-third of the network was closed by the Beeching cuts of the 1960s in an effort to reduce rail subsidies. On privatis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Campaign To Bring Back British Rail
__NOTOC__ The Campaign to Bring Back British Rail is a UK pressure group with the object of completing the renationalisation of British Rail, which was privatised in the 1990s. In addition to its representation of ordinary passengers, on whose behalf it campaigns for improvements to rail services, it undertakes research for the purpose of lobbying political parties towards the ends of reintroducing a vertically-integrated, publicly owned and operated British railway network. It has over 150,000 supporters UK wide, accumulated since it was founded in 2009, and is managed from two hubs - in Glasgow and London. In 2022, the Scottish Government brought the main Scottish operator into public ownership as ScotRail Trains. Feedback A 2012 poll showed that 70% of voters want a re-nationalisation of the railways, while only 23% supported continued privatisation. According to a 2013 YouGov poll, 66% of the public support bringing the railways into public ownership. According to the O ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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