Summary
A budget underspend of pounds 1 billion by Network Rail could risk storing up problems for the future, Britain's rail regulator warned yesterday.
Most of the shortfall in 2004/5 was accounted for by lack of expenditure on projects such as track renewal and signal updating.See the full content of this document
Extract
Warning Over Pounds 1bn Railways Shortfall
Chris Bolt, chairman of the Office of Rail Regulation (ORR) warned of the repercussions on the r...
See the full content of this document
Sponsored links
