Network Rail privatisation rumour rejected by DfT [Rail News]





Date: 30/03/2015

THE Department for Transport has denied reports that Network Rail could be returned to the private sector. The main cause for concern is said to be NR's debts, which are set to reach £40 billion by 2019 and are now on the public books after NR was reclassified as a government body in the public sector last September. Various possibilities are said to be on the table, including dividing NR into regions as well as the more extreme option of involving the private sector once again. [From Richard Buckby]


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Network Rail privatisation rumour rejected by DfT

Rail News

UPDATED 14.14 THE Department for Transport has denied reports that Network Rail could be returned to the private sector. The main cause ...

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