Operator of last resort

An operator of last resort is a business in the United Kingdom that operates a railway franchise on behalf of the government when a train operating company (TOC) is no longer able to do so, and it is nationalised on an interim basis. Since the last appointment in June 2023, there are now six such operators of seven rail services in England, Wales and Scotland. In December 2024, following new legislation in November, it was announced that the first of the remaining contracted TOCs would be taken back into public ownership in May 2025.

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