Chris Kinchin-Smith interviewed by Clifford Perry

Clifford Edward Perry

Oral history interview with Chris Kinchin-Smith, conducted and recorded by Clifford Perry at Milford House, Swindon on 4 May 2018. Duration: 1 hr. 40 min. 43 sec. Early career; business plan for Network SouthEast (NSE) South West division after privatisation; recruitment policy to encourage external candidates; London Tilbury and Southend (LTS) line; transforming performance; management buyout (MBO) bid; bid basis; fleet replacement; Touche-Ross (later Deloitte); 3i debt provider; presentations to banks and debt providers; Companie General des Eaux (CGE); Prism; workload; safety case; track access agreements; fleet leasing agreements; made bid management and employee buyout (MEBO); secrecy; public relations strategy; sharesave scheme; Driver Only Operation (DOO); Colin Andrews (Commercial Director); financial basis of bid; bid submitted to Office of Passenger Franchising (OPRAF); motivation of team; public service; collapse of bid; resignations and investigations; description of fraud; organisational culture; franchising model; separation of track and trains; personal impact of privatisation; consultancy

One of over 150 oral history recordings made as part of the Britain’s Railways All Change (BRAC) archive project. BRAC was set-up to cover gaps in documenting the railway privatisation process in the United Kingdom, between 1994 and 1997, when the government-owned British Rail was dismantled into over 100 privately-owned companies. The interviews capture the recollections of people involved in the planning and implementation of the privatisation process, the management of change and running the railway during privatisation.


Oral Histories
Object Number:
oral history interview
Britain's Railways All Change (BRAC) oral history archive, created in partnership with the Friends of the National Railway Museum, the Retired Railway Officers' Society and the National Railway Museum.