Changes

==Post privatisation==

==Post privatisation==

Subsequent to privatisation, Britain's network of tracks and stations has been owned and maintained by Railtrack, and subsequently Network Rail, while train services have been managed by numerous regional [[Train Operating Companies]] (TOCs), who lease rolling stock from a number of leasing companies such as HSBC Rail.  

Subsequent to privatisation, Britain's network of tracks and stations has been owned and maintained by Railtrack, and subsequently Network Rail, while train services have been managed by numerous regional [[Train Operating Companies]] (TOCs), who lease [[rolling stock]] from a number of [[Rolling stock companies|leasing companies]].

Although privatisation has brought a huge amount of investment, large efficiency savings and improved infrastructure and services, the government has continued to strangle innovation by heavily regulating companies behaviour, dictating timetables and service patterns as well as fares, though despite this, since privatisation passenger usage and quality of service has soared well above socialised rail systems such as those in France, Spain and the Netherlands.

Although privatisation has brought a huge amount of investment, large efficiency savings and improved infrastructure and services, the government has continued to strangle innovation by heavily regulating companies behaviour, dictating timetables and service patterns as well as fares, though despite this, since privatisation passenger usage and quality of service has soared well above socialised rail systems such as those in France, Spain and the Netherlands.