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Railtrack shares tipped for relisting today

Railtrack shares are expected to be relisted today, reports The Times.

Solicitors are said to have worked through the night to complete the sale of the rail infrastructure company to Network Rail and the first phase of the Channel Tunnel Rail Link to London & Continental Railways.

Network Rails rescue is expected to be strengthened by three Government support packages which are likely to be kept off the public finances.

Theresa May, shadow transport secretary, has asked the Office for National Statistics to justify its accounting treatment for Network Rails £9bn bridging loan.

The Times 27/06/02 page 25
The Daily Telegraph 27/06/02 page 35

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