It has been reported by Ian Riley 'elsewhere' that Past Time Rail have ceased trading today owing to 'recent market trends'. I must admit that i'm totally astounded by this as they are one of the longest running charter companies who can trace their heritage right the way back to the start of mainline steam through the sadly departed Bernard Staite and have always been professionally run. As yet their website is showing no sign of problems but as someone who has worked closely with Past Time for a number of years I am sure Ian is correct and has probably heard directly from Andy and Jo. This I have no doubt will have major implications through the rest of the industry not least of which the future of the highly popular 'Torbays'. With the recent loss of Bernard the family really are having a torrid time of it and i'm sure I and many others will want to wish them all the best wherever they go from here. The recession was always likely to claim a victim but i'm not sure many would have seen this coming. No doubt someone else will shed further light on this..