UK Government commits to competitive online rail retail marketplace Investing.com
LONDON – The UK Department for Transport (DfT) today announced its commitment to maintaining a competitive environment for online rail ticket sales following the establishment of Great British Rail (GBR). The DfT has confirmed that GBR will consolidate the individual rail operators’ ticketing websites, while ensuring that the private sector continues to thrive in an open market.
The DfT’s statement comes ahead of an industry-wide consultation on the rail reform bill, due to be launched in the coming weeks. This bill aims to establish GBR as the central governing body for passenger rail services in the United Kingdom. The transition to the new structure is expected to take several years.
Jody Ford (NYSE: ), chief executive of Trainline, the UK’s leading travel app, expressed support for the government’s clear stance on market competition and the role of private sector innovation in the rail industry. Trainline, which serves 18 million customers, is known for high customer trust and a 25-year history of developing customer-friendly solutions.
A DfT spokesman reiterated the government’s commitment to a strong private sector that drives innovation and growth, ultimately encouraging more people to use rail transport. The spokesperson highlighted the government’s intention to work closely with industry players and the private sector to achieve these goals.
The DfT’s full update on the future of online retail in rail is available on the UK government website. This announcement is based on a press release from Trainline plc.
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