Monthly Archives: December 2013

TREASURY HAS NATIONALISED NETWORK RAIL £30 BILLION DEBT TIME-BOMB

Network Rail was founded in 2002 with a £6.3 billion debt. It’s investing hugely in essential rail modernisation and expansion but is now £30.4 billion in debt and paying over £1.5 billion a year in interest. The Coalition plans to blow £100 billion replacing Trident and £50 billion building HS2. If it cancelled Trident, HS2 […]