Great British Railways to rethink how new trains are paid for

The government is considering buying new trains for public ownership instead of routinely leasing them from private companies, after rail operators spent £2.7 billion on train leases in a year.Since rail privatisation, most passenger trains have been owned by rolling stock companies, known as ROSCOs, and leased to the operators that run them. Under its new rolling stock and infrastructure strategy, Great British Railways (GBR) will assess public ownership, leasing and other financing