A new report on the UK rail industry has highlighted the challenges which Network Rail’s new boss, Davd Higgins, and the coalition government faces in getting the industry’s finances under control.
The report, Rail Industry Structure and Funding, published by public transport specialists TAS, highlights the impact that the recession and cost increases have had on the rail industry since 2007. In three years, the industry’s finances have deteriorated by over £1.1bn a...
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