Strategic Rail Authority

The Strategic Rail Authority was a non-departmental public body established under the Transport Act 2000. The Act abolished the British Railways Board and transferred its residual functions, rights, and liabilities, including responsibility for the British Transport Police, to the new-formed Authority.

The purpose of the Strategic Rail Authority was to provide a "clear, coherent and strategic programme for the development of the railways." It had Board members appointed by the Secretary of State for Transport, and appointed its own Chief Executive. Its first Chief Executive was Mike Grant, who was succeeded by Richard Bowker in October 2001. Nick Newton served as Chief Executive of the SRA from September 2004 until its abolition.

In 2001, the Strategic Rail Authority created a wholly-owned subsidiary company, BRB (Residuary) Ltd. The purpose of this company was to manage the functions which related directly to the old British Railways Board, such as liabilities, pensions, and the disposal of non-operational railway land.

The Railways Act 2005 abolished the Strategic Rail Authority, and transferred its powers and subsidiary companies to the relevant bodies.