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British Rail 1974–1997From Integration to Privatisation$
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Terry Gourvish

Print publication date: 2002

Print ISBN-13: 9780199250059

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199250059.001.0001

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Operating the 1974 Railways Act

Operating the 1974 Railways Act

Financial Results, Organisational Responses, and Relations with Government

(p.21) 2 Operating the 1974 Railways Act
British Rail 1974–1997

Terry Gourvish (Contributor Webpage)

Oxford University Press

This chapter begins with a discussion of decline in British Rail's financial performance between 1974 and 1979. It then discusses the impetus for organizational reform, the new organization of 1977, the subsidiary businesses, British Rail's strained relationship with the government, and the white paper on Nationalized Industries of March 1978.

Keywords:   British Rail, financial performance, organizational reform, Nationalized Industries, subsidiary business

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