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Answer for the clue "1960s' chairman of British Railways who took an axe to the network ", 8 letters:
beeching

Word definitions for beeching in dictionaries

Wikipedia Word definitions in Wikipedia
Beeching is an English surname. Either a derivative of the old English bece , bæce "stream", hence "dweller by the stream" or of the old English bece "beach-tree" hence "dweller by the beach tree". People called Beeching include:- Henry Charles Beeching ...