BRITAIN'S TRAINS - 150 YEARS AND DEEPER IN DEBT

Rail passenger transport in Britain is celebrating its 150th anniversary with a massive deficit and grave doubts about its future. Few financing options are left for a railway system that has tried just about everything to stay alive. Like the U.S., the British Railways suffer from over-regulation and from capital starvation. The author concludes that status quo will not long be tolerated. He foresees route reductions, abandonment of some carload freight, higher intercity rail fares, growing subsidies for commuter service and a reduction in the labor force and in the relative earnings of the remaining workers.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/02624079
• Corporate Authors:

  New Science Publications

  128 Long Acre
  London,   England  WC2 9QH
• Authors:
  • GWILLIAM, K
• Publication Date: 1975-9-25

Media Info

• Pagination: p. 698-701
• Serial:
  • NEW SCIENTIST
  • Volume: 67
  • Issue Number: 968
  • Publisher: REED BUSINESS INFORMATION LTD
  • ISSN: 0262-4079

Subject/Index Terms

• TRT Terms: Abandonment; Commuter service; Freight service; Labor unions; Passenger service; Policy; Subsidies
• Identifier Terms: British Rail
• Old TRIS Terms: Government policies; Intercity passenger services
• Subject Areas: Freight Transportation; Passenger Transportation; Policy; Railroads;

Filing Info

• Accession Number: 00127708
• Record Type: Publication
• Files: TRIS
• Created Date: Dec 3 1975 12:00AM