[HPsquared]

The infrastructure (railways and stations) is still publicly owned under Network Rail. Only the trains themselves are privately owned (often by foreign state-owned enterprises, funnily enough)

[iggldiggl]

> Only the trains themselves are privately owned (often by foreign state-owned enterprises, funnily enough)

Albeit with the minimum service levels always specified (and consequently paid for in the case of unprofitable services) by the government.