Railtrack’s costs go through the roof

By Railway Gazette International2001-07-01T10:00:00

ON MAY 24 Railtrack released preliminary results for the year ended March 31 2001. These were bad enough, with the previous year’s £360m profit replaced by a £543m loss. This was mainly due to £561m in extra penalty payments to train operators after the Hatfield derailment on October 17 2000, ...

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Railtrack’s costs go through the roof

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