Network Rail - forward or backward? Not-for-profit in British transport

Gerald Crompton and Robert Jupe

Business History, 2007, vol. 49, issue 6, 908-928

Abstract: This article examines the brief and unsuccessful career of the privately-owned infrastructure company, Railtrack, and its part in the privatised railway system in the UK between 1996 and 2001. It discusses the decision of the British government to discontinue public support for Railtrack and to set up a new not-for-profit company, Network Rail, to replace it. The ongoing public debate over these events and the prospects for the new company are analysed. Two earlier, and broadly successful, examples of not-for-profit companies in British transport history, are briefly considered for comparative purposes - the Port of London Authority and the London Passenger Transport Board.

Keywords: Railtrack; Network Rail; Nationalisation; Privatisation; Not-for-Profit; Companies limited by Guarantee; Port of London Authority; London Passenger Transport Board (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (6)

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DOI: 10.1080/00076790701710423

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