The burden of Network Rail's £28bn debt pile means that 13 per cent of the cost of running the railways is taken up in loan repayments, according to the industry regulator.

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Regulator blocks Network Rail board's bonus plans

Richard Price, the new rail regulation boss, has blocked Network Rail's £15.6m long-term management incentive proposals as he looks to overhaul the track operator's controversial bonus culture.

Controversial HS2 to invite bidders to manage £32bn rail link

The Government is steaming ahead with plans for the controversial high-speed railway between London and Birmingham despite fierce opposition across the country.

Rail signal workers cut proposed

Network Rail has started consulting on plans to drastically reduce the number of signal workers and signal boxes as part of a modernisation programme aimed at saving £250 million a year and improving punctuality.

Video: £5bn Great Western re-vamp

Network rail is upgrading the Great Western rail route promising a boost to towns economies and shorter commuting times for passengers.

Special rail fares for Olympics on sale

Special rail fares for London 2012 Olympic spectators went on sale today.

Business Diary: Blair’s spin-doctor back on track

Planes, trains and automobiles: well, two out of three so far for Tom Kelly who, we hear, is off to Network Rail as director of communications.

Heatwave leads to rail speed limits

Today's high temperatures led to speed restrictions on a busy rail commuter route.

MPs order review of £32bn rail plan

A Commons Select Committee inquiring into the Government's HS2 high-speed rail project has commissioned an independent review into the £32 billion scheme rather than just rely on written and verbal evidence, it was announced tonight.

Delays caused by 'cows on the line'

Train travellers, who sometimes feel their journeys are by cattle class, have been given a new excuse for delays - cows on the line.

Police 'threatened to arrest stranded train passengers'

A rail company is to review its treatment of passengers after thousands of commuters were stranded on trains for hours after vandals damaged a signal cable.

Long delays prompt rail firm review

A rail company today announced it will review its response to massive disruption to services after thousands of passengers were stranded for hours and a heavily pregnant woman joined a group who got off a train and walked along tracks.

Network Rail profits pass £2bn mark

Network Rail said it had continued to make "steady progress" in reducing its costs when it announced increased profits today, adding that it was on target to achieve "challenging" efficiency savings.

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