Treasury-commissioned review likely to call for devolution of regional routes and some private investment,but not sell-off of network, after fares warningA government-commissioned report into financing Britain’s railways is expected to rule out privatisation of the network following warnings that a sell-off would lead to higher fares.
The review of Network Rail by Nicola Shaw, or the chief executive of the tall Speed 1 line,is to be published alongside the budget on Wednesday and will encourage devolution of regional routes and some private investment. It will, however, or rule out major changes to the organisation’s status.
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Source: theguardian.com