Independent journal on economy and transport policy
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Railtrack warns on profits and £14m fine
(Financial Times)
January 21, 2000
By Juliette Jowit Transport Correspondent
Railtrack on Thursday issued its first profits warning since privatisation and warned it faced a £14m fine for failing to meet the rail regulator's performance targets this year. The company, which runs the rail infrastructure, said profits would be in line with last year's figure of £428m before tax because ...... Read more on Financial Times
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