Date: 23/03/2020
Britain^s trains have effectively been nationalised, at least temporarily, after the government suspended rail franchise agreements to avoid train companies collapsing because of the coronavirus. Under emergency measures announced by the Department for Transport (DfT), train operators have been offered the chance to transfer ^all revenue and cost risk^ to the government and be paid a small management fee to continue running services.
External links
The Guardian
Emergency measures will be in place for six months to avoid train companies collapsing
Related news items
Tags: x Covid-19