FTSE 350 Review 2018 

FTSE 350: Public transport franchises on the horizon

FTSE 350: Public transport franchises on the horizon

Shareholders in public transport companies have two reasons to hope these companies do well – not only do you want a decent return on your money, but no one likes a bad commute either. The Department for Transport (DfT) is hoping to make journeys smoother. In November, Transport Secretary Chris Grayling announced his ‘Strategic Vision for Rail’, which will aim to add capacity to the rail network around London and the south-east, and possibly reopen some routes that were closed under the Beeching and British rail cuts in the 1960s and 1970s. Passengers will also have more rights to claim compensation for delays, and enjoy services such as free Wi-Fi for a more pleasant journey. Operators are also encouraged to end the existing divide between running train and track separately.

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