Summary
Treasury rules are preventing Sir Richard Branson's train company raising pounds 150 million towards improving crumbling stations on the West Coast Main Line, it has been was claimed.
Virgin Trains said any money it borrowed to upgrade platforms and car parks would have to be paid back over the term of the company's franchise, which is up for renewal in seven years.See the full content of this document
Extract
Stations Fear After Virgin Hits Buffers
It warned it could not afford such a short-term loan, but said some stations...
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