UK nationalised rolling stock to remain in private hands

An impressive set of trains. Alstom Aventras fill the stables at Old Oak Common in London. The trains are underwriiten by 345 Leasing, a rolling stock company. The HS2 station development is in the background Alstom media centre

Nationalisation is coming to the UK, but not to the whole railway. Some of the most profitable parts of the industry will remain in private hands. The most profitable of all will continue to benefit overseas investors, to the tune of hundreds of millions of pounds. The rolling stock leasing companies will continue to hold the trucks, carriages and locomotives, which raises the question of how their fees will be paid after the railway returns to public ownership.

Want to read more?

Subscribe now!

Take advantage of our exclusive offer to get full access to all premium content.

See the offer

Author: Simon Walton

Simon Walton is UK correspondent for RailTech.com and Railfreight.com

Add your comment

characters remaining.

Log in through one of the following social media partners to comment.