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Virgin Rail Group
Virgin Rail Group was formed by the Virgin Group to bid for rail franchises in the United Kingdom during the privatisation of British Rail in the late 1990s. United Kingdom operations Origins Virgin bid for a number of franchises, including Gatwick Express, InterCity CrossCountry and InterCity West Coast. It was successful in winning the latter two, and Virgin CrossCountry and Virgin West Coast began operations in January and March 1997 respectively. Both franchises were scheduled to run for 15 years. In October 1998, Virgin Group sold 49% of the shares in Virgin Rail Group to Stagecoach. 21st century In March 2000, Virgin was shortlisted to bid for the InterCity East Coast franchise. In January 2002 the Strategic Rail Authority scrapped the refranchising process and awarded a two-year extension to GNER. In the wake of the collapse of Railtrack and the inability of Network Rail to deliver on the West Coast Main Line upgrade, both the Virgin CrossCountry and Vir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies ( public limited companies) and private companies ( private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinction to be made between the publicly tradable companies of the ... [...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 n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Judicial Review
Judicial review is a process under which executive, legislative and administrative actions are subject to review by the judiciary. A court with authority for judicial review may invalidate laws, acts and governmental actions that are incompatible with a higher authority: an executive decision may be invalidated for being unlawful or a statute may be invalidated for violating the terms of a constitution. Judicial review is one of the checks and balances in the separation of powers: the power of the judiciary to supervise the legislative and executive branches when the latter exceed their authority. The doctrine varies between jurisdictions, so the procedure and scope of judicial review may differ between and within countries. General principles Judicial review can be understood in the context of two distinct—but parallel—legal systems, civil law and common law, and also by two distinct theories of democracy regarding the manner in which government should be organized ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph & Courier''. Considered a newspaper of record over '' The Times'' in the UK in the years up to 1997, ''The Telegraph'' generally has a reputation for high-quality journalism, and has been described as being "one of the world's great titles". The paper's motto, "Was, is, and will be", appears in the editorial pages and has featured in every edition of the newspaper since 19 April 1858. The paper had a circulation of 363,183 in December 2018, descending further until it withdrew from newspaper circulation audits in 2019, having declined almost 80%, from 1.4 million in 1980.United Newspapers PLC and Fleet Holdings PLC', Monopolies and Mergers Commission (1985), pp. 5–16. Its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 and is a constituent of the FTSE 250 Index. |
British Rail Class 390
The British Rail Class 390 ''Pendolino'' is a type of electric high-speed passenger train operated by Avanti West Coast in the United Kingdom, leased from Angel Trains. They are electric multiple units using Fiat Ferroviaria's tilting train Pendolino technology and built by Alstom. Fifty-three units were originally built between 2001 and 2004 for operation on the West Coast Main Line (WCML). They were ordered as eight-car units, later extended to nine cars, of which some were then lengthened further to 11 cars. These new 11-car trains were renumbered as the subclass 390/1. The trains of the original batch were the last to be assembled at Alstom's Washwood Heath plant, before its closure in 2005. The remaining trains in the fleet were built in Italy. The Class 390 ''Pendolino'' is one of the fastest domestic electric multiple units operating in Britain, with a design speed of ; however, limitations to track signalling systems restrict the trains to a maximum speed of in ser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Express
National Express Group is a British multinational public transport company headquartered in Birmingham, England. It operates bus, coach, train and tram services in the United Kingdom, Ireland (National Express operates Eurolines in conjunction with Bus Éireann), United States, Canada, Spain, Portugal, Malta, Germany, Bahrain, and Morocco and long-distance coach services across Europe. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History In 1972, the state-owned National Bus Company decided to bring together the scheduled coach services operated by its bus operating companies in the United Kingdom under one brand. Sir Frederick Wood, a prominent businessman and industrialist, was asked to oversee the creation of this new business model and led the group as its chairman from 1972 to 1978. Initially branded as ''National'', the ''National Express'' brand was first used in 1974.Tram and V/Line Passenger rail franchises in the Australia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arriva
Arriva plc is a British multinational public transport company headquartered in Sunderland, England.Companies House extract company no 347103 It was established in 1938 as T Cowie Ltd. and through a number of mergers and acquisitions was rebranded Arriva in 1997 and became a subsidiary of in 2010. Arriva operates bus, coach, train, tram and waterbus services in 14 countries across Europe. As of September 2018, it employed 61,845 people and operated 2.4 billion passenger journeys annually. It operates as three divisions: UK Bus, [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department For Transport
The Department for Transport (DfT) is a department of His Majesty's Government responsible for the English transport network and a limited number of transport matters in Scotland, Wales and Northern Ireland that have not been devolved. The department is run by the Secretary of State for Transport, currently (since 25 October 2022) Mark Harper. The expenditure, administration and policy of the Department for Transport are scrutinised by the Transport Committee. History The Ministry of Transport was established by the Ministry of Transport Act 1919 which provided for the transfer to the new ministry of powers and duties of any government department in respect of railways, light railways, tramways, canals and inland waterways, roads, bridges and ferries, and vehicles and traffic thereon, harbours, docks and piers. In September 1919, all the powers of the Road Board, the Ministry of Health, and the Board of Trade in respect of transport, were transferred to the new min ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CrossCountry
CrossCountry (legal name XC Trains Limited) is a train operating company in the United Kingdom owned by Arriva UK Trains, operating the Cross Country franchise. The CrossCountry franchise was restructured by the Department for Transport (DfT) in 2006, incorporating elements of both the Central Trains and the Virgin CrossCountry franchises, ahead of its invitation to tender on October of that year. On 10 July 2007, the DfT announced that Arriva had been awarded the New Cross Country franchise. CrossCountry is one of only two franchised train operating companies that does not manage any stations, the other being Caledonian Sleeper. CrossCountry's services have been periodically disrupted by industrial action amongst its staff, often due to disputes over rostering and pay. While the franchise had been originally due to conclude on 31 March 2016, multiple subsequent agreements have been enacted; in October 2020, the DfT confirmed that the franchise has been extended for a furt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Railway Gazette International
''Railway Gazette International'' is a monthly business magazine and news website covering the railway, metro, light rail and tram industries worldwide. Available by annual subscription, the magazine is read in over 140 countries by transport professionals and decision makers, railway managers, engineers, consultants and suppliers to the rail industry. A mix of technical, commercial and geographical feature articles, plus the regular monthly news pages, cover developments in all aspects of the rail industry, including infrastructure, operations, rolling stock and signalling. History ''Railway Gazette International'' traces its history to May 1835 as ''The Railway Magazine'', when it was founded by Effingham Wilson. The ''Railway Gazette'' title dates from July 1905, created to cover railway commercial and financial affairs. In April 1914 it merged with ''The Railway Times'', which incorporated '' Herapath's Railway Journal'', and in February 1935 it absorbed the ''Railway Eng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sea Containers
Sea Containers was a Bermudan registered company which operated two main business areas: transport and container leasing. It filed for bankruptcy on 16 October 2006. In 2009 its maritime container interests were transferred to a new company SeaCo Ltd. History Yale University graduate and retired United States Navy officer James Sherwood founded Sea Containers in 1965, with initial capital of $100,000. It was later listed on the New York Stock Exchange. In May 1989, UK-based Tiphook launched an unsuccessful takeover bid for the company.Sea Containers grabs at a lifeline '''' 7 May 2006 Over 40 years, Sherwood expanded Sea Containers from a supplier ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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