Launch of Go-op's Taunton - Swindon rail services

by Go-op Co-operative Limited in Taunton, Somerset, United Kingdom

Launch of Go-op's Taunton - Swindon rail services

Total raised £73,065

£2,600,000 target 42 days left
2% 93 investors
This project will only be funded if at least £2,600,000 is pledged by 7th March 2025 at 5:00pm

We're launching the first ever co-operative train operating company with a route in the SW developed by and for passengers.

by Go-op Co-operative Limited in Taunton, Somerset, United Kingdom

Go-op is bringing the benefits of co-operative ownership to the passenger rail sector for the first time ever. Through Go-op, passengers will have a direct voice in the specification and delivery of routes; and staff will be empowered to set the highest standards for delivery. This share offer is to launch our first rail service, but our goal is to continue to innovate across multiple routes and different modes of transport, all in pursuit of our objects: to enhance mobility while reducing the social and environmental impacts of transport.

We are run by our nine directors, all elected by almost three hundred members. While some of our directors are former rail professionals, many are ordinary rail users determined to see empty tracks better used and the market towns of Somerset and Wiltshire properly connected to the network and each other. 

1734632640_directors_taunton_launch.jpg

Being a co-op means that, over time, our profits build up a reserve for the common good. We can use it to run the trains on social routes that central planners don't see the value in; we can innovate to make trains greener, cheaper and more reliable; and we can respond quickly to the concerns of passengers. Community enterprise has built social housing, solar farms and local shops: it's about time it was given a chance to add value to the rail network.

We've been working on developing this project for over a decade: railway planning is all about getting the details right, and we've worked with Network Rail and other operators to develop a first route that delivers real benefits while working seamlessly alongside existing services. 

Our route from Taunton to Swindon (with some additional trips Taunton to Weston-Super-Mare) is different because it joins up two existing routes, and because it calls at fast growing towns that have been neglected two long. Every interchange we call at is an opportunity to make more connections and create more trips. Who needs cars if the train is going your way?1734632184_dec_24_route_map.png

We are the perfect complement to the newly unified Great British Railways - alongside the government specified routes, we can add extra services wherever local communities have unmet aspirations that they can back with commitment.

Your investment is a balanced blend of social impact and healthy, long term capital growth. Enterprise Investment Scheme tax relief means that you can get 30% refunded from your next tax bill. 

So, take a look at the share offer document - we welcome new members whether they are making a large or a small investment. It's a revolution on the rails!

1734632681_go-op_board_and_cllr._jim_robbins_wide.jpg

Levels of Investment

£25 or more

Prospective user only

This is the minimum membership, intended for people who expect to make regular use of our rail services. You are welcome to decide for yourself whether this is right for you - do bear in mind that with such small investments you won't get much benefit from interest. However, you'll have the same voting rights as any other member.

£200 or more

Prospective user investment

Again, this is only available if you believe you will make regular use of our services in the coming years. You will accrue interest with an investment of this size, but we can't offer EIS tax relief.

£500 or more

Minimum investor membership

This is the minimum investment to get the benefit of tax reliefs, or if you don't expect to be a passenger on our trains very often.

£1,000 or more

£1000 Reward

If you can invest at least £1,000, you can claim a voucher for rail tickets bought through our website (at least partially on our route) worth up to £50. Places on our very first trains may be limited!

£2,000 or more

£2000 Reward

Your name will be added to a plaque recording our key supporters which will be on display at our head office.

£3,000 or more

0 of 200 claimed

£3000 Reward

Your name will be featured on the train's livery - or, if you'd prefer not to user your own name, dedicate the space to a local charity or community group, or a cause that's dear to your heart. Details will be subject to design considerations, but we'll try to accommodate your preferences.

£5,000 or more

2 of 200 claimed

£5,000

Your own free pass on Go-op services for a year, starting on a date of your choosing between December 2026 and December 2027.

£10,000 or more

1 of 100 claimed

£10000 Reward

Free family travel for two years on Go-op trains - yourself, and up to five family members who accompany you, can travel on any Go-op train for a two year period starting between December 2026 and December 2027.

Show your support

Payment and personal details are protected