South Western Railways will be the first train company to be nationalised in May 2025.
The operator, which runs trains from Windsor & Eton Riverside station to London Waterloo, will be steered by the Department for Transport from May 2025.
The government said it expects to save ยฃ150m by funnelling fares into services rather than shareholder payments but the Transport Secretary did not say ...
Transport Secretary Heidi Alexander said: โFor too long, the British public have had to put up with rail services which simply don't work. A complex system of ...
South Western Railway will be the first service to transition to public ownership under new government reforms.
The UK transport secretary has revealed today [4 December 2024] South Western Railway as the first rail service to transfer into public ownership next year.
South Western Railway is is run as a joint venture between First Group and MTR, the Hong Kong rail operator.
Three rail operators will be renationalised next year but fares are due to go up as outlined in the Budget.
Railway operators South Western Railway, c2c and Greater Anglia in England are returning to public control in 2025, the government has announced.