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I think what should happen is that all the TOCs, FOCs and ROSCOs should be taken over by Network Rail, then they will be renamed ti let say "Brit Rail"
What should then happen is that taxpayer support should (legaly) consist of 60-75% of the DFT budget, this company should take cntrol of the roads and introduce road charging (fully under their control), the road tax revenue would be used as a government subsidy for the roads. Lastly, the government should make it legally binding for this company to maintain a high quality rail and road network (both) covering the whole of the Great Britain
On that point, the "new" BR should only allow Mainland National European Rail Companies (DB, DNCF etc) can operate services from Europe to the UK and only the "new" BR can operate train services in the UK
The Railways of Northern Ireland do this already
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