Changes
Upon privatisation in 1994, the three passenger-operating sectors of British Rail (InterCity, Network SouthEast and Regional Railways) were subdivided, and their existing operations were let as 23 franchises
The privatisation process began when BR's passenger sectors were divided into 25 shadow franchises these were publicly owned TOCs operating in the planned franchise areas prior to the actual franchises being put to tender:
InterCity
CrossCountry
East Coast
Gatwick Express
Great Eastern
Great Western
Midland Main Line
West Coast
Network SouthEast
Regional Railways
Chiltern Lines
Island Line
LTS Rail
North London Railways
Network SouthCentral
SouthEastern
South West Trains
Thameslink
Thames Trains
West Anglia Great Northern
Anglia Railways
Cardiff Railway Company
Central Trains
Mersey Rail Electrics
North West Regional Railways
Regional Railways North East
ScotRail
South Wales & West Railway