Virgin will spend £200m on improved stations and a telephone sales centre on the West Coast main line for which it has just acquired the franchise. It will spend another £600m on tilting trains.
The investment goes hand in hand with Railtrack’s £1.5bn spending programme.
Forward Trust clinched a £788m takeover of the Eversholt train leasing company.
- Financial Times 20/02/97 page 8, page 26 (Lex)
- The Times 20/02/97 page 11, page 25
- The Guardian 20/02/97 page 2
- The Independent 20/02/97 page 3, page 19
- The Daily Telegraph 20/02/97 page 19