The Welsh Government has taken the Wales and Borders rail franchise into public ownership to protect services, safeguard jobs, and deliver infrastructure improvements in light of the ongoing challenges of coronavirus.
As of 7th February Transport for Wales is now operating the Wales and Borders rail services under a subsidiary, ‘Transport for Wales Rail LTD’.
The move, which was announced in October 2020, comes in the face of a significant reduction in passenger numbers. It is intended to provide for longer term financial stability, necessary to secure plans for infrastructure improvements and deliver future improvements for passengers.
Our rail service is a critical asset and one we must protect. Since the pandemic began we’ve provided significant financial support to keep trains running. The need for greater public control is a reflection of the ongoing pressures of coronavirus and the challenges being faced across the rail industry as passenger demand remains low.
We remain determined to deliver key commitments made at the start of the journey with Transport for Wales, including the creation of Metro systems and the delivery of brand new rolling stock. Bringing the rail franchise into public control will help secure this better future for passengers. It is a public transport asset, in public ownership, for the public good.Ken Skates AM, Minister for Economy, Transport and North Wales