Great British Railways (GBR) launched its first train service from London Waterloo to Shepperton. This marks a significant step in the UK's renationalization of its rail network. The South Western Railway line, previously operated by a private company, has returned to state control.
The move signifies the end of the UK's privatized rail model, initially adopted in 1993. The privatization led to chronic delays, cancellations, and a series of accidents. Public subsidies increased despite privatization, with taxpayers sometimes paying more than under public ownership.
The government plans to consolidate all private concessions by 2027 under Great British Railways. The aim is to centralize investments, harmonize schedules, and improve service reliability. The government aims to address climate concerns by promoting train usage.