Network Rail – forward or backward? Not-for-profit in British transport
2007; Taylor & Francis; Volume: 49; Issue: 6 Linguagem: Inglês
10.1080/00076790701710423
ISSN1743-7938
Autores Tópico(s)Urban and Freight Transport Logistics
ResumoAbstract This article examines the brief and unsuccessful career of the privately-owned infrastructure company, Railtrack, and its part in the privatised railway system in the UK between 1996 and 2001. It discusses the decision of the British government to discontinue public support for Railtrack and to set up a new not-for-profit company, Network Rail, to replace it. The ongoing public debate over these events and the prospects for the new company are analysed. Two earlier, and broadly successful, examples of not-for-profit companies in British transport history, are briefly considered for comparative purposes – the Port of London Authority and the London Passenger Transport Board. Keywords: RailtrackNetwork RailNationalisationPrivatisationNot-for-ProfitCompanies limited by GuaranteePort of London AuthorityLondon Passenger Transport Board Notes 1 Littlejohn, Sun. 2 Gourvish, British Rail, 106, 138, 374–383. 3 Shires et al., Rail Privatisation. 4 Elliott, “Return Ticket to State Control Easily Bought.” 5 Foster, The Economics of Rail Privatisation, 2. 6 Gourvish, British Rail, 402. 7 Wolmar, Broken Rails, 5. 8 House of Commons Select Committee on Transport (hereafter Select Committee on Transport), 2002–2003, Q.186. 9 Jowit, “Ill-Conceived Deal That Was To Drive Railtrack to Disaster.” 10 Ford, “Railtrack ‘Investment’,” 19–21. 11 Morgan, “Rail's Shattered Dream.” 12 Select Committee on Transport, Examination of Witnesses, 25 June 2003, Q126. 13 Jowit, “Regulator Gives £4.9 billion Increase to Railtrack.” 14 Murray and Prynn, “£855 million Extra But Railtrack Warned.” 15 Wendlandt, “Regulator Warns Railtrack Over ‘Dictatorship’.” 16 Guardian, “Re-Engineering Railtrack.” Leader Article, Guardian, 26 May 2001. 17 Harper, “New Rail Crisis.” 18 Guardian, “Re-Engineering Railtrack.” 19 Harper, “Railtrack Has Lost its Way.” 20 Grayling, ‘Getting Back on Track.’ 21 Maguire, “Blair Lashes Out at Railtrack as Midas in Reverse.” 22 Targett, “Surprise Rail Route Augurs a Bumpy Ride.” 23 Morton, “Let Us Not Concoct Another Nightmare.” 24 Select Committee on Transport, Examination of Witnesses, QQ.139,155. 25 Tait and Batchelor, “Bruised Former Shareholders Consider Appeal.” 26 Hilton, “The State Must Step In.” 27 Levene, “Is This the End of the Line?” 28 Murray, “No Tears for Railtrack.” 29 Elliott, “Byers Must Not Be Made a Scapegoat.” 30 Wolmar, Broken Rails. 31 Webster, “Network Rail Accused over Public Members.” 32 Gow, “Rescue of Railway;” National Audit Office (hereafter NAO), Network Rail. 33 Grayling, ‘Getting Back on Track.’ 34 Birchall, A Mutual Trend. 35 Whitehouse, “Network Rail” 36 Sanford, “Freddie Mac;” Schurr, “Fannie Mae Pays $25 Billion in Derivative Trades.” 37 Grayling, ‘Getting Back on Track.’ 38 Targett, “Top City Ally Attacks Labour.” 39 Gordon, The Public Corporation in Britain, Chap. II and IV. 40 Donoghue and Jones, Herbert Morrison, 145. 41 Barker and Robbins, A History of London Transport, 270. 42 Davies, National Enterprise. 43 G.D.H. Cole, cited in Crompton, “‘Good Business for the Nation’,” 150. 44 Gordon, The Public Corporation in Britain; Davies, National Enterprise. 45 Wolmar, The Subterranean Railway, 255, 276. 46 Clark, “Think Tank lays into Network Rail Structure.” 47 Jowit, “Network Rail sets in Train Feelings of Déjà Vu.” 48 Hilton, “The State Must Step In to Save Our Railways.” 49 Select Committee on Transport, The Future of the Railway, Summary, 1. 50 Jowit, “Railtrack Successor to Get £21 billion Package.” 51 Select Committee on Transport, The Future of the Railway, 77–78. 52 Ibid., 96–98, Summary 1. 53 Ibid., 74; Network Rail Annual Report, 2003, 65. 54 Select Committee on Transport, The Future of the Railway, 80; Clark, “Passengers Angered by Huge Pay-outs to Rail Bosses;” Haigh, “Network Rail,” 10. 55 Clark, “Network Rail Leaves £1 billion Repairs Undone.” 56 Haigh, “ORR's £800m Question.” 57 Wolmar, “Rail's Da Vinci Code”, 6–7, 28–29. 58 Select Committee on Transport, The Future of the Railway, 69, 91. 59 Caulkin, “On the Right Track at Last.” 60 Ibid. 61 Select Committee on Transport, The Future of the Railway, 64–65. 62 Industry Insider, “NR Reveals Renewal Spending,” 49. 63 Stacpoole, “Network Rail Forecasts It Can Slash £2 billion from Spending,” 10. 64 Grayling, ‘Getting Back on Track.’ 65 Murray, “No Tears for Railtrack.” 66 Select Committee on Transport, The Future of the Railway, Summary, 2, Conclusions and Recommendations, 39. 67 Elliott, “Return Ticket to State Control Easily Bought.” 68 Stephens, “A Political Master Who Cannot Run a Country.” 69 Jowit, “Ministers Go Back To Driving Trains.” 70 Wolf, “A Third Way for the Successor of Railtrack.” 71 Wright, “Regulator's Warning on Network Rail.” 72 NAO, Network Rail, 11. 73 Bowker, “Whose Round Is It?” 40–43. 74 Wolmar, “How Ideology and Incompetence Wrecked Our Railways,” 42–45. 75 Wolmar, “How the Railway has gone from Dynamic to Dysfunctional,” 26–27. 76 Wright, “Crossed Lines;” Wright, “Network Rail Wins Out in Revamp.” 77 Branigan, “Rail Break-up was Wrong;” Jenkins, “Tories are Starting to Clear their Clutter of Inheritance.” 78 Holtham, “The Great Westminster Railway.” 79 Targett, “Top City Ally Attacks Labour Over Its Handling of Railtrack.” 80 Wright and Giles, “LCR Reclassification.” 81 Shanks and Kellaway (ONS), National Accounts Classifications, 21. 82 Clark, “Network Rail Chief's Pay Goes Past £1 million.” 83 NAO, Making a Fresh Start, 20–22. 84 Industry Insider, “Network Rail Reaches its Targets.” 85 Clark, Interview with Ian McAllister. Additional informationNotes on contributorsGerald Crompton Gerald Crompton is a Reader in Economic and Business History at the Canterbury Business School, University of Kent. Robert Jupe is a Lecturer in Accounting at the Canterbury Business School, University of Kent, Canterbury, UK.
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