UK: RAILTRACK TO RETAIN SAFETY ROLE FOR LONGER
Article Abstract:
Given the complicated nature of the issues surrounding the railway safety remit Railtrack holds, the government will not be able to take this away from Railtrack as soon as it had thought. In the wake of the Paddington train crash, it had hoped to do this as soon as possible but it may now have to be delayed until 2001. The government will wait for recommendations of an inquiry into train safety systems but this is not due to start until October 2000. The Government will either give Railtrack's powers to a body devoted to the rail industry or create a single body to watch over transport safety.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
UK: CONCERN OVER RAILTRACK'S NEW POLICY
Article Abstract:
Railtrack is understood to have embraced a policy whereby it will go against all objectives laid down by the UK rail regulator. The UK-based rail infrastructure firm's chief executive, Gerald Corbett, said that the decision to disobey Tom Winsor followed legal advice. Lawyers say that Railtrack could suffer civil action from train operators if it agreed to a goal introduced by Mr Winsor but did not achieve it. Mr Winsor is understood to be aggravated at the stance being adopted by Railtrack, whose directors are also keen to show him that the firm cannot be pushed around.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
UK: RAILTRACK OPERATING LICENCE CHANGES?
Article Abstract:
UK rail infrastructure group, Railtrack, will face renewed criticism of its performance on 25 November 1999, with the rail regulator to demand that amendments be made to its operating licence. Regulator, Tom Winsor, is also expected to confirm a fine of GB[pound] 40mn for Railtrack due to its inability to maintain or improve the state of rail tracks since being privatised. Railtrack, which enjoys profits of GB[pound] 1.3mn per day, has been under fire for a number of performance problems and Mr Winsor's moves are intended to improve this performance rather than as a punishment. Deputy Prime Minister, John Prescott, is supporting the amendments to Railtrack's licence in order to impose standards.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Adams urges IRA to give up arms to save peace in Northern Ireland
- Abstracts: This is not a war on terror. It's a fight against America's enemies. They can run and they can hide. Suicide bombers are here to stay
- Abstracts: Q: Have taxes risen under Labour? A: Well, it depends who's asking.... The crunch may not be soon, but it may still be painful, Mr Brown
- Abstracts: I've decided to kill myself. Well, not really, I'm only joking. My life with Richard Desmond
- Abstracts: Who wants a society where we all drive smart cars but our schools are hopeless? This is not just about cheap jeans, but the weird values of our society