New Strategy to See Government Buy Trains Rather than Lease?

New strategy to see Government buy trains rather than lease?

The government has today (Monday 28 September) revealed that it is considering buying rather than leasing new trains. This would mean that the rolling stock would be publicly owned rather than leased from private companies.

Government to consider publicly owning new trains under Great British Railways

New trains could be publicly owned rather than leased as part of a new strategy being considered by…

Trains could be publicly owned under Great British Railways – Transport Secretary

New trains could be publicly owned under Great British Railways to reduce costs and “best serve taxpayers”, Transport Secretary Heidi Alexander said. The Rolling Stock and Infrastructure strategy will set out a new policy for future train procurements. A case-by-case approach will be taken when considering private investment, leasing, or [...] The post Trains could be publicly owned under Great British Railways – Transport Secretary first appear…

Great British Railways to rethink how new trains are paid for

Great British Railways will weigh public ownership against leasing for future orders, although existing contracts will continue.Read more ›