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Unions furious over sale of Arriva to company registered in Cayman Islands
An Arriva Wales train passes Abergele Station in North Wales
UNIONS have reacted with fury after revelations that a company registered in the Cayman Islands tax haven is to run some of Britain’s privatised rail services.
Arriva runs CrossCountry, Chiltern, Grand Central and London Overground rail services.
Arriva’s owner, Germany’s state-owned rail operator Deutsche Bahn, recently sold Arriva for €1.6bn (£1.39) to I Squared Capital, which is registered in the Cayman Islands.
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