Business

The rail network will be rebranded Great British Railways as part of a restructuring intended to simplify the organisational chaos of the franchise system and rebuild passenger numbers following COVID-19. A quarter of a century after British Rail was broken up and the network privatised, the new public body will subsume Network Rail’s responsibility for
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Britain’s roadmap out of lockdown sparked a sharp increase in UK bookings through Airbnb with notable demand for staycations over the summer, the company’s latest results revealed. The San Francisco-based firm reported a 52% surge in first quarter reservations to $10.3bn as it set its sights on an improvement in fortunes as pandemic restrictions ease.
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