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UK Railways Begin Renationalisation with South Western Railway Transition in 2025

The Passenger Railway Services Act 2024 sets the stage for a phased return of rail franchises to public ownership, but fare hikes and operational challenges remain.

  • The Passenger Railway Services (Public Ownership) Act 2024 has become law, initiating the renationalisation of rail franchises, starting with South Western Railway in May 2025.
  • Other franchises, including c2c and Greater Anglia, will follow later in 2025, with full public ownership expected by 2032 as contracts expire.
  • While nationalisation aims to simplify ticketing and improve accountability, fares will still rise by 4.6% next March, with no immediate promise of cheaper travel for passengers.
  • The government faces significant financial challenges, with taxpayer subsidies for railways currently at £12.5 billion annually, and operational improvements remain uncertain.
  • Critics argue that public ownership alone will not resolve issues like delays, infrastructure bottlenecks, and declining passenger numbers post-pandemic.
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