Network Rail
Network Rail is a British non-profit organisation that owns the British railway system: the railway tracks themselves, signals, tunnels, bridges, level crossings and stations. It took over ownership by buying Railtrack plc, which was in "Railway Administration", for £500 million from Railtrack Group plc.
In October 2003, Network Rail announced that it would take over all track maintenance work from private contractors, following concerns about the quality of work carried out by certain private firms, and spiralling costs. While the company maintained that this was not a step towards renationalisation of the entire network, many commentators saw the move as a sign that the privatisation of the railways was unraveling.
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Referenced By
Birmingham New Street station | Bristol Parkway rail station | British Rail | British Railways | British railway system | Central Station, Glasgow | Croydon Tramlink | East London Line | Great Northern & City Railway | Highbury & Islington railway station | Highbury & Islington station | Highbury & Islington tube station | Highbury and Islington tube station | List of UK Train Operating Companies | List of companies operating trains in the United Kingdom | London Waterloo | Mitcham Junction | Mitcham railway station | National Rail | Northern City Line | Railtrack | Waterloo East railway station | Waterloo Station | Waterloo rail station | Waterloo railway station | Waterloo tube station
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