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TRANSIT CEASED PUBLICATION IN JUNE 2010

Branson: Let me invest in railways

17 May 2009

 

Sir Richard Branson is urging ministers to hand the private sector a greater role in the railways by giving entrepreneurs freedom to invest in new trains, stations and track.

The Virgin boss said the tightness of the public purse means that without private money, the network risks stagnation.

“With the strains on public finances increasing, I believe the private sector will be crucial in driving rail investment over the next 20 years,” he said...

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