Such is the impact of the recession on the country’s railways, with passenger growth faltering as would-be commuters stay at home without jobs, perhaps the rail companies would be better off jacking it all in.
At least that might be the case for National Express, whose East Coast Mainline franchise has been particularly badly hit of late, with the possibility of the Government taking control.
But shares in the group rose 21¼p to 320p yesterday after Morgan Stanley...
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