1/ This from @thetimes is interesting on #railfares... if a fares reform announcement is coming in the autumn, to be launched from the new financial year in 2021, would that be a feasible timetable for moving from franchises to concessions? (£) https://www.thetimes.co.uk/article/2021-rail-fares-ministers-refuse-to-commit-to-1-6-per-cent-rise-vbmxlpx3j

2/ Presume that initially it would mean franchises coming off EMAs and going into OLR while the contracts are reedesigned...

3/ Big question is whether you can do contracting under the current model in the RA1993... I suppose you could if your concession is treated legally as a franchise in the short term while you legislate...

Thoughts on likelihood/feasibility welcome! #RailTwitter

4/ Current concessions in London and Merseyside are exempt from the 1993 Act under Regulations.

I suppose you could do that but... exempting the whole industry from the primary legislation?

I'm sure others would have views on that...