Stagecoach shareholders will ask at the companys annual results next Wednesday for more details about the future of the West Coast track upgrade by Railtrack.
Railtrack is believed to want to renegotiate the project, possibly in conjunction with the Strategic Rail Authority agreeing to more subsidy.
The rail regulators hint that he would take a tough stance on Railtracks appeal for more cash sent the rail network operators shares sliding further by another 17p to a new record low of 340p.
Financial Times 14/06/01 page 22, page 46 (Companies Report)
The Daily Telegraph 14/06/01 page 37 (themarket), page 38 (Citycomment)
The Times 14/06/01 page 30
The Independent 14/06/01 page 21 (
The Guardian 14/06/01 page 27
