Angel Trains
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Angel Trains is one of the three major ROSCOs (Rolling Stock Companies) in the United Kingdom. Created in 1994 as part of the privatisation of British Rail, it owns around a third of passenger railway locomotives, multiple units and coaching stock running on Network Rail's system which it leases to various train operators. Like its fellow ROSCOs (HSBC Rail & Porterbrook) Angel Trains is now owned by a major banking group, in this case Royal Bank of Scotland who acquired Angel Trains in December 1997 from a division of Nomura Holdings for £395 million.
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| British Rolling Stock Companies (ROSCOs) | ||
|---|---|---|
| Angel Trains - HSBC Rail - Porterbrook | ||
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Banking: Adam & Company | Coutts von Ernst | Charter One | Child & Co | Citizens | Coutts | Drummonds Bank | First Active | MINT | NatWest |
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Insurance and Motoring: Churchill | Devitt Insurance | Direct Line | Finsure | Green Flag | Jamjarcars | Lombard Direct | Privilege |
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Corporate and Payment Services: Angel Trains | BIBIT | Lynk | RBS Greenwich Capital | Streamline | WorldPay |
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Annual Group Revenue: £20.9 billion GBP ( |
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