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Great British Railways: Major revamp brings UK s train network back under control of public body

Great British Railways: Major revamp brings UK s train network back under control of public body
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British Rail returns as Government tightens its grip on the trains

British Rail returns as Government tightens its grip on the trains  Flexible season passes for workers travelling two to three days a week to be launched next month amid push to end paper tickets 19 May 2021 • 10:30pm Commuters are on track for the return of British Rail as state control of the railways becomes the tightest since the days of nationalisation. A publicly owned body, Great British Railways, will be formed to centralise operations, bringing track and trains under the control of one body once again in the biggest shake-up of the industry in more than a quarter of a century.

Analysts warn of post-furlough job cuts wave and oldest will struggle most

Analysts warn of post-furlough job cuts wave and oldest will struggle most Just 62 per cent of over-50s have returned to work after six months of becoming unemployed, compared to 74 per cent of those aged 16 to 29. The economic mood was warm this morning as new data showed that Britain’s unemployment rate unexpectedly fell to 4.8 per cent between January and March. London’s FTSE 100 reacted with a 0.8 per cent leap but not all analysts were convinced that the data was a sign of long-term prosperity for the UK jobs market. The furlough scheme has protected more than 11.5m jobs since the pandemic began, but research from the Office for Budget Responsibility (OBR) suggests the UK’s current unemployment figure is only set to increase.

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