Category Archives: Network Rail

Network Rail debt will reach £52bn by 2019

Network Rail’s debt increased 10.2% to £41.6bn last year (2014/15: £37.8bn) and will reach £52bn by 2019, according to the infrastructure provider’s annual report for the year ended 31 March 2016. Of £7.5bn borrowed from the DfT in 2015/16, £3.1bn was to refinance existing debt leaving £4.4bn for investment. Continue reading Network Rail debt will reach £52bn by 2019