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Re: Tories to freeze rail fares
The British railway network is owned and maintained by an arms-length, state-owned company (Network Rail). All its essential services are determined by a state regulator. Those services are operated by private companies who are chosen by the department of transport, for a limited time, when they are then re-franchised.
The only part of the national rail network that is actually owned by the private sector is the rolling stock.
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