Mouchel to exit rail industry after being dropped by Network Rail

03 July 2009
Richard Cuthbert:
Richard Cuthbert: "Working for Network Rail is unsustainable"

 

Mouchel has announced that it will “substantially exit the rail sector” citing unreasonable demands from Network Rail.

In a profit warning ahead of its full-year results, the consulting and business services group said that it had failed to secure a place on Network Rail’s list of key civil engineering suppliers, and this would mean the loss of structures examination and inspection work. The company had previously announced that it would be exiting its other principal area of...

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