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2019 engine failure
50031 suffered a failure of the Train Heat Generator while at Swanage in May 2014 and was withdrawn from traffic for repairs and attention to the body work.<ref name=FiftyFund/> It was sent to RVEL, Derby for refurbishment in June 2015. On 11 April 2016, it was revealed in a fictitious BR Inter-City livery, with the locomotive returning to the SVR on 13 April 2016.<ref>[http://www.railwayherald.co.uk/imagingcentre/view/425082/TW Railway Herald]</ref> Following a return to service, the locomotive was re-dedicated in a ceremony at Kidderminster on 17 September 2016. The ceremony marked two anniversaries; 100 years since the keel of HMS Hood was laid in 1916 and 75 years since the ship was sunk during World War 2.
50031 was withdrawn from service in 2020 2019 following an engine big end bearing failure, pending an engine overhaul.<ref>[https://www.svrlive.com/blsep20 Branch Lines newsletter, September 2020] (Retrieved 29 August 2020)</ref><ref>SVR News 225</ref> This is not likely to commence until after the completion of [[BR Class 37 37308]]and other projects.<ref>SVR News 218, Summer 2022, p. 24</ref>.
In August 2022 the [[Class 50 Alliance Limited|Class 50 Alliance]] announced that "''2022 marks 30 years since the first run of a Class 50 on the SVR when 50031 appeared at the 1992 Diesel Gala and became the first 50 to haul a public passenger train in preservation. We are going to celebrate this anniversary formally on Saturday 24th September 2022 when 50s are rostered to "S1 diagram" with two round trips on the SVR commencing with the 09:45 departure from Kidderminster. To all our supporters and shareholders both old and new, we would very much like to see you there if possible to celebrate this important milestone in the ongoing Class 50 story!''"
