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Unions fear Network Rail facing privatisation amid budget crisis

Nicola Shaw's review is one of three promised by the government against the backdrop of mounting costs, debts and delays. Network Rail could be privatised as the government seeks a solution to its financial problems, according to the industry executive leading a review of the state-owned operator of Britain's rail tracks and stations. Nicola Shaw, who is due to report back to the government early next year on the future structure and financing of Network Rail, said she could not rule out recommending privatisation.

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Monday, 21 September 2015

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  • Unions fear Network Rail facing privatisation amid budget crisisNicola Shaw's review is one of three promised by the government against the backdrop of mounting costs, debts and delays. Network Rail could be privatised as the government seeks a solution to its financial problems, according to the industry executive leading a review of the state-owned operator of Britain's rail tracks and stations. Nicola Shaw, who is due to report back to the government early next year on the future structure and financing of Network Rail, said she could not rule out recommending privatisation.

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  • Birmingham New Street opens its doors The redeveloped station at Birmingham New Street has opened to passengers, after a five year reconstruction programme. The 1967 station, the second on the site, has been swept away at surface level and the structure is topped by a new shopping centre which will open later this week, but the essential problem at New Street -- providing enough capacity on the platforms to cope with ever-increasing demand -- has not been solved. The platforms lie in a cutting which cannot be widened, but it is hoped that control of passenger flows will at least alleviate the problem. In future, it is intended th...

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  • Dissatisfaction grows among airline passengersMore consumers are unhappy with service levels from airlines

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