Network Rail denies plans to insource track renewal
28 August 2012
Network Rail has denied reports that it plans to bring track renewal in-house after a similar strategy for maintenance made savings.
The sole owner of the UK’s rail lines announced last month that it had cut its annual maintenance bill from £1.3 billion to £900 million after taking over track repairs from seven companies last July.
A Network Rail spokesman said 16,000 maintenance staff, 5,000 vehicles and 600 depots were taken back as part of the deal.
“But there are no plans to bring...