The Dutch state railway is to pull out of the UK with a management buyout of its subsidiary Abellio, which runs four rail lines and a number of London bus routes.
After 20 years in this country, Abellio’s parent company, the Netherlands state-run Nederlandse Spoorwegen, is to sell off the firm to its UK management. Over that time, Abellio has run East Midlands Railway, Greater Anglia, Merseyrail and West Midlands Railway and currently employs 15,000 staff. The business will be operated by a new firm, to be known as Transport UK Group Limited.