British Rail Services Struggle To Reinvent Themselves
Anglia Railways, one of the more successful companies spun off from British Rail is having it's franchise stripped in favour of a giant rival. Anglia's experience reflects the turmoil that has hampered the rail industry in Britain since John Major's disastrous privatisation of the rail network in 1996. Instead of being rewarded or punished on the basis of performance, Anglia appears to have fallen victim to the relentless drive to save money, and an abrupt change of direction in the government's strategy for rescuing the railways.
Thanks to Zvi Leve