Network Rail debts to reach £20 billion
By Angela Jameson
NETWORK RAIL’S debt will jump to almost £20 billion in the next two years as the transport infrastructure group turns to the City to make up a shortfall in public funding.
The company will have to raise between £6 billion and £8 billion of debt between now and 2006 in order to replace a shortfall in grants from the Strategic Rail Authority (SRA)
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