It is unclear whether Network Rail will be allowed to retain ‘some, all or none’ of the £1.8 billion it plans to rail from property sales. Passenger Transport points out that this could mean work on politically sensitive projects has to be deferred. A senior industry executive told the magazines that this has been pointed out to the Treasury. “It’s got to be pushed up and escalated to a level where, hopefully, someone will be able to understand the political consequences.” According to the article, NR is planning to raise the issue at higher levels in government.
We've read it in: Passenger Transport, February 10 2017 (Issue 153)
