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  • Britain unveiled Monday a radical overhaul of its coronavirus-plagued privatised rail sector that will see franchises replaced with concessions subject to tougher scrutiny and greater state involvement. "Ministers today ended rail franchising after 24 years as the first step in bringing Britain's fragmented network back together. The new system will create a simpler, more effective structure and will take shape over the coming months," the Department for Transport said in a statement. The UK government decided in March to take on franchise holders' revenue and cost risks, as the Covid-19 pandemic decimated passenger demand for rail travel. rfj/rl
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  • Britain overhauls virus-hit privatised rail sector
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