Britain's rail industry is being revamped. Here is all you need to know about it

After more than a year of waiting, the UK's government's white paper on the future of the rail industry is finally out. Simon Wilson explains everything you need to know about it.

Rail
The government's white paper on the future of the rail industry has arrived.
(Image credit: ©Alamy)

What's happened

Eighteen months later than scheduled, the government’s White Paper on the future of the rail industry has arrived. Following a review by Keith Williams, a former boss of British Airways, and transport secretary Grant Shapps, the government has announced a significant revamp. The extent of the change should not be overstated: Britain’s rail industry will remain a semi-privatised hybrid system of state-owned infrastructure and privately run trains. But in a recognition that the current model has generated years of “fragmentation, confusion and overcomplication”, the government is scrapping the franchise system and creating a single public body, Great British Railways (GBR) – a “guiding mind” that will manage all parts of the industry for the first time since the abolition of British Rail in the mid-1990s.

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Simon Wilson’s first career was in book publishing, as an economics editor at Routledge, and as a publisher of non-fiction at Random House, specialising in popular business and management books. While there, he published Customers.com, a bestselling classic of the early days of e-commerce, and The Money or Your Life: Reuniting Work and Joy, an inspirational book that helped inspire its publisher towards a post-corporate, portfolio life.   

Since 2001, he has been a writer for MoneyWeek, a financial copywriter, and a long-time contributing editor at The Week. Simon also works as an actor and corporate trainer; current and past clients include investment banks, the Bank of England, the UK government, several Magic Circle law firms and all of the Big Four accountancy firms. He has a degree in languages (German and Spanish) and social and political sciences from the University of Cambridge.