Network Rail debt grows as railway expands

Network Rail debt grows as railway expands

RailNews.co.uk – Network Rail’s debt has increased to more than £27 billion, but although the company’s group finance director has admitted that it is ‘certainly a big sum’, profit after tax also rose last year, from £313 million to £754 million. Revenue just topped £6 billion, most of it coming from state subsidies and track access charges paid by franchised passenger operators.

http://www.transportinfo.org.uk/

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