Last modified: 2020-10-10 by rob raeside
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Railtrack was a group of companies under the ownership of Railtrack Group plc, that owned the track, signalling, tunnels, bridges, level crossings and all but a handful of the stations of the British railway system from 1994 until 2002. It was created as part of the privatisation of British Rail. In October 2002, after experiencing major financial difficulty, most of Railtrack's operations were transferred to the state-controlled non-profit company Network Rail. The remainder of Railtrack was renamed RT Group plc and eventually dissolved on 22 June 2010.
Network Rail is currently the owner (via its subsidiary Network Rail
Infrastructure Ltd, which was known as Railtrack plc before 2002) and
infrastructure manager of most of the railway network in Great Britain. Network
Rail is an arm's length public body of the Department for Transport. Network
Rail Ltd took over control by buying Railtrack plc, which was in "railway
administration", from Railtrack Group plc for £500 million; Railtrack plc was
then renamed and reconstituted as Network Rail Infrastructure Ltd. The purchase
was completed on 3 October 2002. The former company had thus never ceased to
exist but continued under another name: for this reason Network Rail
Infrastructure Ltd was the defendant in later prosecutions in respect of events
which had occurred in the days of Railtrack."
Source:
https://www.networkrail.co.uk/who-we-are/about-us/
https://www.networkrail.co.uk/who-we-are/our-history
https://en.wikipedia.org/wiki/Railtrack
and
https://en.wikipedia.org/wiki/Network_Rail
Esteban Rivera, 23 July 2020
The flag is a horizontal white background featuring the logo (https://www.networkrail.co.uk/wp-content/themes/sage/resources/assets/images/network-rail-logo-md.png)
in the middle, as seen here (under the bridge of the Manchester Piccadilly
Station:
https://www.google.com/maps). The two openings visible at the bottom are for
the Manchester Metrolink trams which went into service in 1992.
For
additional information go to Network Rail (official website):
https://www.networkrail.co.uk
Esteban Rivera, 23 July 2020