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UK starts to nationalise more rail services

Bangkok Post LogoBangkok Post17h ago

UK starts to nationalise more rail services - Bangkok Post

Quick Summary:

LONDON - The Labour government in Britain is preparing to nationalise three train services currently run by the private sector, the start of a plan to take the industry back into public hands.

It is currently operated by a joint venture between FirstGroup Plc, a transport business with operations in the UK and North America, and MTR Corporation Ltd, the Hong Kong transit operator.

The government said the nationalisation would clamp down on “unacceptable levels of delays, cancellations and waste seen under decades of failing franchise contracts”.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-04 @ 16:05:00 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 408 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 24115910

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About Bangkok Post

Bangkok Post Logo

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 16 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 2 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

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The outlet is headquartered in Thailand and publishes an average of 16 news stories per day.

It's most recent story was published 2 hours ago.

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  • URL: https://beamstart.com/news/uk-starts-to-nationalise-more-17333053048208

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