State may take over failing rail firms

Article Abstract:

The UK government has emphasized that rail companies with poor performance levels will have to show a rapid improvement if they are to retain their franchises. If their performance does not improve, their franchises will be removed and their trains transferred to the British Railway Board. However, Deputy Prime Minister John Prescott has stated that rail companies making constructive proposals will be given the opportunity to extend their franchises. It is likely that rail passengers will be given a greater say in whether trains are meeting performance standards.

Standards

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Right man to tackle 'mission impossible.'

Article Abstract:

It is vital to focus on getting the basics right, according to new Virgin Rail Chief Executive Chris Green. He wishes to ensure high levels of professionalism in all the company's activities, and is seeking to eliminate unnecessary minor mistakes that alienate customers. He acknowledges that Virgin currently has a poor reputation for punctuality, but emphasizes that only 30% of delays have been attributable to Virgin itself, with the rest being caused by other operators.

Strategy & planning, Marketing procedures, Officials and employees, Interview, Virgin Rail Group, Railroad employees, Green, Chris

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CBI to tell ministers when Britain should join Emu

Article Abstract:

The Confederation of British Industry (CBI) is to inform the Government on the rate at which Britain should join European monetary union, and when this should be carried out. The CBI is carrying out a poll of its members on these issues, and is offering a number of options on timing and exchange rates for members to choose from. The government has stated that it is committed to membership of monetary union in principle, when the case for membership was clear.

International economic relations, International Affairs, Public affairs, Intnl Organization Participation, Political activity, International relations, European Union, Western Europe, British foreign relations, Monetary unions, International organizations, Confederation of British Industry

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