Wales to Nationalize Rail Network Hit by Covid Effects
Magor, Wales.
Photographer: Matthew Horwood/Getty Images
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Wales will nationalize its struggling railway after reaching agreement on a restructuring with the network’s private operators.
Transport for Wales, which is controlled by Wales’s devolved government, will take over day-to-day services from a joint venture of France’s Keolis and engineering firm Amey Plc, it said in a statement Thursday. A new plan for financing and operations will be finalized in the coming months.