Integrated Kent
The South Eastern franchise, also known as the Integrated Kent franchise, is a railway franchise for the provision of passenger services between London and Kent in South East England. History The South Eastern franchise was formed as a shadow franchise in 1994 in the leadup to the privatisation of British Rail, taking over the Network SouthEast services out of Blackfriars, Cannon Street, Charing Cross, London Bridge and London Victoria to Kent. 1996: Connex South Eastern Initially operating as South Eastern, on 13 October 1996 Connex South Eastern commenced operating the franchise having beaten bids from a management/ FirstBus consortium, GB Railways and Stagecoach. In December 2002, after the franchise ran into financial trouble, the Strategic Rail Authority (SRA) agreed to bail it out with a £58 million injection, with the end date brought forward from 2011 until 2006. However, continuing poor financial management resulted in the SRA deciding to strip Connex of the franch ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Southeastern (train Operating Company)
SE Trains Limited, Trade name, trading as Southeastern, is a British train operating company owned by DfT Operator for the Department for Transport, that took over operating the South Eastern franchise in South East England from privately owned Southeastern (train operating company 2006–2021), London & South Eastern Railway (which also traded as Southeastern) on 17 October 2021. History In September 2021 the Department for Transport (DfT) announced it would be terminating the South Eastern franchise then operated by the Govia-owned Southeastern (train operating company 2006–2021), Southeastern after revenue declaration discrepancies involving £25million of public money were discovered. On 17 October 2021, an operator of last resort (OLR), SE Trains Limited, took over operations under the Southeastern brand; at the time, the DfT stated the OLR would manage the franchise for a six-year period, the end-date being set as 17 October 2027. Southeastern has been one of several ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Blackfriars Station
Blackfriars (), also known as London Blackfriars, is a central London railway station and connected London Underground station in the City of London. It provides Thameslink services: local (from North to South London), and regional (Bedford and Cambridge to Brighton) and limited Southeastern commuter services to South East London and Kent. Its platforms span the River Thames, the only station in London to do so, along the length of Blackfriars Railway Bridge, a short distance downstream from Blackfriars Bridge. There are two station entrances – one on each side of the Thames – along with a connection to the London Underground District and Circle lines. The main line station was opened by the London, Chatham and Dover Railway with the name ''St. Paul's'' in 1886, as a replacement for the earlier Blackfriars Bridge station (now the present station's southern entrance) and the earlier Blackfriars railway bridge. This increased capacity of rail traffic through the Snow H ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a British daily broadsheet conservative newspaper published in London by Telegraph Media Group and distributed in the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph and Courier''. ''The Telegraph'' is considered a newspaper of record in the UK. The paper's motto, "Was, is, and will be", was included in its emblem which was used for over a century starting in 1858. In 2013, ''The Daily Telegraph'' and ''The Sunday Telegraph'', which started in 1961, were merged, although the latter retains its own editor. It is politically conservative and supports the Conservative Party (UK), Conservative Party. It was moderately Liberalism, liberal politically before the late 1870s.Dictionary of Nineteenth Century Journalismp 159 ''The Telegraph'' has had a number of news scoops, including the outbreak of World War II by rookie reporter Clare Hollingworth, desc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service has over 5,500 journalists working across its output including in 50 foreign news bureaus where more than 250 foreign correspondents are stationed. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Rail Magazine
''Rail'' is a British magazine on the subject of current rail transport in Great Britain. It is published every two weeks by Bauer Consumer Media and can be bought from the travel sections of UK newsstands. It is targeted primarily at the enthusiast market, but also covers issues relating to rail transport. ''Rail'' is more than four decades old, and was called ''Rail Enthusiast'' from its launch in 1981 until 1988. It is one of only two railway magazines that increased its circulation. It has roughly the same cover design for several years, with a capitalised italic red ''RAIL'' along the top of the front cover. Editorial policy ''Rail'' is customarily critical of railway institutions, including the Rail Delivery Group, the Office of Rail and Road, as well as, since it assumed greater railway powers, the Department for Transport. ''Rail's'' continuing campaigns include one against advertising and media images showing celebrities and others walking between the rails (an ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Strategic Rail Authority
The Strategic Rail Authority (SRA) was a non-departmental public body in the United Kingdom set up under the Transport Act 2000 to provide strategic direction for the railway industry. Its motto was 'Britain's railway, properly delivered'. It was abolished by the Railways (Abolition of the Strategic Rail Authority) Order 2006, its functions being absorbed by the Department for Transport or the Office of Rail Regulation (now the Office of Rail and Road). Establishment The Shadow SRA was established in 1999 following the election of the Labour government in 1997 in an attempt to increase public interest regulation of the fragmented railway network following the privatisation of British Rail. It incorporated the former Conservative government's Director of Passenger Rail Franchising. Its main function was awarding and ensuring compliance with passenger rail franchises – contracts between the state and private sector operators under which the operators committed to provide c ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Railway Magazine
''The Railway Magazine'' is a monthly United Kingdom, British railway magazine, aimed at the Railfan, railway enthusiast market, that has been published in London since July 1897. it was, for three years running, the railway magazine with the largest circulation in the United Kingdom, having a monthly average sale during 2009 of 34,715 (the figure for 2007 being 34,661). It was published by IPC Media until October 2010, and in 2007 won IPC's 'Magazine of the Year' award. Since November 2010, ''The Railway Magazine'' has been published by Mortons of Horncastle. History ''The Railway Magazine'' was launched by Joseph Lawrence (British politician), Joseph Lawrence and ex-railwayman Frank E. Cornwall of Railway Publishing Ltd, who thought there would be an amateur enthusiast market for some of the material they were then publishing in a railway staff magazine, the ''Railway Herald''. They appointed as its first editor a former auctioneer, George Augustus Nokes (1867–1948), who ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Rail Business Intelligence
''Rail Business Intelligence'' was a fortnightly subscription newsletter for senior managers, investors, lawyers, contractors, consultants, local authorities, trade unionists, manufacturers and service providers working in the United Kingdom's rail industry. After 23 years and 554 issues the final print edition was produced in March 2018, and Railway Gazette Group's UK news is now published online as Rail Business UK. History ''Rail Business Intelligence'' was launched in March 1995 as ''Rail Privatisation News'', with Roger Ford as Founding Editor. Initially conceived as a short-term project to provide inside information for financial, legal and commercial organisations taking part in the privatisation of British Rail, the ''Railway Gazette International'' newsletter saw circulation continuing to expand after the 1997 general election, and in 1998 the title was changed to ''Rail Business Intelligence'' to reflect its ongoing role in the UK's privatised rail market. It ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stagecoach Group
Stagecoach Group is a transport group based in Perth, Scotland. It operates buses and express coaches in the United Kingdom. Stagecoach was originally founded in 1976 as ''Gloagtrotter'', a recreational vehicle and minibus hire business. During the early 1980s, it took advantage of the deregulation of the British express coach market, launching services from Dundee to London using second-hand Neoplan coaches, competing against the then state-owned National Express Coaches and Scottish Citylink. Stagecoach purchased several recently privatised national bus groups from London Regional Transport, the National Bus Company, Scottish Bus Group and various city councils, as well as pursuing those that had opted for management buyouts and employee-owned corporations. During August 1996, Stagecoach acquired roughly one-third of all passenger rolling stock in the UK via the acquisition of the recently privatised leasing company Porterbrook; it sold the company on four years lat ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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GB Railways
GB Railways was the parent company of a number of Train operating company, train operating companies, running the Anglia Railways franchise from January 1997 and launching Hull Trains and GB Railfreight. GB Railways was also involved in the management of the Estonian rail company Edelaraudtee and had an investment in Great Southern Rail (Australia), Great Southern Rail in Australia. The company was acquired by FirstGroup in August 2003. History GB Railways was formed in October 1996 by entrepreneurs with diverse backgrounds initially to bid for rail franchises in the United Kingdom during the privatisation of British Rail. After being awarded the Anglia Railways, Anglia franchise in 1996, GB Railways was listed on the Alternative Investment Market in January 1997. In October 1997 as part of the ''Great Southern Railway Consortium'' with Legal & General, Macquarie Bank, RailAmerica, G13 Pty Ltd and Serco, it acquired the interstate passenger services of Australian National ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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FirstGroup
FirstGroup plc is a British multi-national transport group, based in Aberdeen, Scotland.Companies House extract company no SC157176 FirstGroup plc The company operates transport services in the and . It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The creation of what became Fir ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |