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Network Rail explores sale of managed station portfolio

RAIL STATIONS

07 March 2016
Manchester Piccadilly: one of Network Rail’s managed stations
Manchester Piccadilly: one of Network Rail’s managed stations

 

The Government is considering selling some or all of Network Rail’s 18 managed stations. 

Responding to reports that US bank Citigroup – which specialises in divestments – had been brought in to advise on options, rail minister Claire Perry, said: “Network Rail is exploring new models for station management and ownership with the goal to bring improvements for both passengers and the communities they serve. They have engaged Citigroup as advisors to consider a range...

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