Network Rail seeks 30 billion for upgrade
Rail operator Network Rail said on Monday it will need to spend 30.2 billion pounds over the next five years to improve the country's railways -- or cut a string of expansion projects.
Click here to read the rest of this article.
Add to:
del.cio.us,
Digg,
Yahoo!,
Google
Other articles in the Business news section
- Blockbuster shares plunge on bankruptcy... 28 minutes ago
NEW YORK (AFP) - Blockbuster shares plunged nearly 30 percent on Wednesday after the heavily indebted movie rental chain said it may be forced to declare bankruptcy. ...more
- Oil prices climb on back of OPEC output... 1 hours ago
NEW YORK (AFP) - Oil prices climbed sharply Wednesday after OPEC, the cartel that produces 40 percent of world crude, held current output quotas unchanged despite a recent runup in prices. ...more
- Forcing China to revalue currency may... 2 hours ago
WASHINGTON (AFP) - The US may be barking up the wrong tree by trying to force China to revalue its currency as it could fuel a rise in prices of favorite American products such as the iPhone and even plunge the Asian giant into social unrest, some analysts warned Wednesday. ...more
- Arriva soars on bid approach 2 hours ago
LONDON (Reuters) - British transport group Arriva said it received an approach about a possible takeover, sending its shares soaring just a fortnight after it ended talks with SNCF about a tie-up with the French group's Keolis unit. ...more
- RWE calls for energy accord 2 hours ago
LONDON (Reuters) - Energy supplier RWE npower has called for an agreement between the government, energy companies, and end-users to end uncertainty over investing in renewing the country's ageing energy infrastructure. ...more
- Greek premier refuses to rule out IMF... 3 hours ago
BRUSSELS (AFP) - Greek Prime Minister George Papandreou on Wednesday refused to rule out an appeal for aid to the IMF, if European backing is insufficient to resolve its debt crisis. ...more
