Death of BRB(R) somewhat premature?

This from The Shunter...

Quite ironic that the BRB(R) is being wound up, just as the McNulty review is likely to conclude that we need a small, non-governmental, body to lead the industry.

Something that can guide a devolved, regionally focused, Network Rail and at the same time develop a franchising policy that compliments the new one-size-doesn't-fit-all industry structure

Mystic Shunter predicts that in March we will see the announcement of this new body.

Called the 'Railway Executive' it will sound both modern and exciting, and for students of railway history strangely familiar...