Oral history interview with Sir Moir Lockhead, conducted and recorded by Richard Goldson at the Chaplain's office, Paddington station on 14 February 2019. Duration: 56 min. 50 sec. Personal background; political moves towards privatisation; First Group branding; initial corporate plan; Employee Share Ownership Plan (ESOP); First Great Eastern franchise; comparative size of bus/rail companies; risk management; balance of cost and revenue projections; first impressions of rail; focus on safety; transferable lessons from buses; relationship with Railtrack/Network Rail; integrated transport; management of acquired companies; open access operation and competition; interactions with government bodies; industrial relations; reflections; effects of privatisation

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.