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Network Rail claims stable finances provide strong platform for future

22 July 2008
 

Latest results published by Network Rail show a strong base from which to deliver the huge infrastructure upgrade projects set out in the government’s sustainable railway white paper, the company said last week.

In the first six months of 2007/08, punctuality was the best for a decade with 90.9% of trains on time, Network Rail delay minutes fell by 5% and finances were comfortable, with pre-tax profit up 4% at £780m. “The company now has a stable financial position which is a...

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