Prism Rail
32 Ludgate Hill
London
EC4M 7DR
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Prism Rail is to withdraw early from its two lossmaking Welsh franchises, split its WAGN franchise into two, and invest £20m in improvements at its LTS Rail franchise. 16-Jun-2000
Prism Rail is submitting plans to the Strategic Rail Authority for the development of a single Welsh railway system, and will also bid for European regeneration funds of up to £150m. 01-Feb-2000
Prism Rail has received approaches that could lead to a takeover bid worth up to £130m. 05-Jan-2000
Prism Rail has ordered a further 28 trains from Adtranz for about £80m, in order to complete the change of its London commuter fleet. 22-Dec-1999
Prism Rail is offering to spend up to £1bn on its four train operating companies in order to gain 20-year extensions to its franchises. 25-Sep-1999
Prism Rail is looking to expand its railway operations through acquisition, and is also considering bus and airport opportunities. 08-Jun-1999
Prism Rail is moving from Aim to the main stock market next week, and has confirmed plans to spend £390m improving services on the London-Tilbury-Southend line by the end of next year. 26-Jun-1998
Prism Rail has awarded a £200m provisional contract for 44 new trains to Adtranz, for its London, Tilbury & Southend line. 05-Mar-1997
Prism Rail has won the West Anglia Great Northern rail franchise, and plans to introduce discounted fares and more flexible season tickets. 07-Dec-1996
Prism Rail has been selected as preferred bidder for the West Anglia Great Northern train franchise, which runs trains from Kings Cross and Liverpool Street in London to Cambridge, Peterborough, Huntingdon and Stansted. 28-Nov-1996
Prism Rail has been shortlisted for the ScotRail and North West Regional Railway franchises. 19-Nov-1996
Prism Rail, Virgin and a management team from Great Western Railways have been shortlisted for the franchise for Cross-Country Trains, which operates long-distance services such as Glasgow to Bournemouth. 24-Sep-1996
Prism Rail has been named as the preferred bidder for two more rail franchises - the South Wales and West region and Cardiff Railway. 28-Aug-1996
Prism Rail has won the franchise for the London-Tilbury-Southend passenger train route, and said it is interested in at least a further four franchises. 10-May-1996
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