Bug bites Railtrack
Article Abstract:
Railtrack will have to spend 150 million pounds sterling on tackleing the year 2000 computer transition problem. The company initially estimated that it would have to spend 30 million pounds sterling, but this related only to internal computer systems. There will be an additional 120 million pounds needed to deal with embedded systems such as microchips used for signalling equipment. The company claims that it will meet a deadline of Jun 1999. Other companies have alos upgraded estimates of funds needed to tackle the problem.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Will anyone heed transport pleas
Article Abstract:
Manchester, England, is well served by road links but needs an investment in the West Coast Main Line, the railroad link with London. The Greater Manchester Passenger Transport Executive aims to increase usage of public transportation, encourage people to walk of cycle short distances, and cut journeys from one peripheral region to another. Privatization of the bus and railroad systems has made its task more difficult. Central government has also delayed investment in expanding the Metrolink system.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Slow progress in rail upgrades
Article Abstract:
The UK railroad transportation network has deficiencies along the west coast which hinders access to Manchester, England, but investment in the line is being carried out. Rail freight links can be important in industrial relocation decisions as is shown by the case of Chunghwa which has invested in Lanarkshire, close to such a rail link. Local government along the west coastis in favor of railroad modernization, though a survey of investors has shown road links to be more important.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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