Since the 1960s, Britain has built an extensive system of expressways, including the world's busiest beltway, the M25. THE MAIN LINK TO SCOTLAND IS BEING UPGRADED TO EXPRESSWAY STANDARD. BRITISH RAIL WAS REORGANIZED IN 1993 READY FOR ITS FLOTATION ON THE STOCK MARKET. IN 1994, THE CHANNEL TUNNEL OPENED, ALTHOUGH BRITAIN HAS YET TO BUILD A HIGH-SPEED RAIL LINK TO LONDON.