Passenger services begin on British Transport with Midland Spinners and 'Lady' classes taking the strain.
Midland Spinner
Lady (of the lake) class
Meanwhile, TransArc folds, only to be reborn anew and shoot up the leader board like a rat up a drainpipe, Slow Freight is renamed to Fail Transport but undergoes a reorganisation and manages to start scraping a small profit in some areas. Unscrupulous Enterprises flounders under an ambitious ferry scheme, is renamed Bankrupt Industries and abandoned. Thomas Hogarth!!! flees to Switzerland, gets some money from the Swiss mafia and starts again.
1898: