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Road Name History: 
British Railways (BR), which from 1965 traded as British Rail, was the state-owned company that operated most of the overground rail transport in Great Britain between 1948 and 1997. It was formed from the nationalisation of the "Big Four" British railway companies and lasted until the gradual privatisation of British Rail, in stages between 1994 and 1997. Originally a trading brand of the Railway Executive of the British Transport Commission, it became an independent statutory corporation in 1962 designated as the British Railways Board.
British Rail designed and manufactured rolling stock from 1948 to 1989, at which time its subsidiary British Rail Engineering Limited (BREL) was privatised.
1997 marked the end of the privatization effort in which the last assets of British Rail were sold to 31 regional freight and passenger operators as well as Railtrack (which was later brought under public control as Network Rail), which was given the track and infrastructure.
Read more on Wikipedia.
British Rail designed and manufactured rolling stock from 1948 to 1989, at which time its subsidiary British Rail Engineering Limited (BREL) was privatised.
1997 marked the end of the privatization effort in which the last assets of British Rail were sold to 31 regional freight and passenger operators as well as Railtrack (which was later brought under public control as Network Rail), which was given the track and infrastructure.
Read more on Wikipedia.
Item created by: CNW400 on 2024-01-08 17:00:56
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