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by lpribis
640 days ago
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Some examples: - c2c and Avanti West Coast: partially and fully owned by Trenitalia which is wholly owned by the Italian government - London Overground, Chilltern Railways, CrossCountry, Grand Central: Owned by Deutche Bahn until June 2024 which is wholly owned by the German government - Elizabeth line: Wholly owned by MTR transport which is wholly owned by Hong Kong government I'm sure there are a lot more I missed. It doesn't just appy to foreign governments either. The UK government subsidized all TOCs with taxpayer money, many of which turned around and gave out dividents to shareholds (foreign government or not). |
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