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SFE doesn't seem to know that non of the privatised companies can introduce new trains without specific authority from the DfT. I am sure that they would like to operate as fully independent companies but in fact only act as agents for the DfT who lays down very tight parameters, thereby tying them into a rigid straightjacket.
What in fact has happened is that British Rail was farmed out to private capital but control was kept in the centre as it always was. This is the government's "off sheet financing initiative".
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