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Network Rail Ltd. was created with the express purpose of taking over Britain's railway infrastructure control; this was achieved via its purchase of Railtrack plc from Railtrack Group plc for £500 million; Railtrack plc was then renamed and reconstituted as Network Rail Infrastructure Limited. [33] The transaction was completed on 3 October 2002.
Network Rail Certification Body Limited (commonly known as Network Certification Body or NCB) is a private limited company providing conformity assessment and consulting services to the rail industry. The company is headquartered in Milton Keynes, United Kingdom and was founded in 2012 as a subsidiary of Network Rail.
Network Rail said it was communicating details of the new offer direct to its employees this evening. It said it was a two-year deal worth over 5% for all RMT members and more for those paid under ...
Revenue increased by £610m in the six months to the end of September.
However, with limited availability of financial data on Railtrack, the political implications of owning the company and the very obvious preference of the government that the national railway network should go to Network Rail, no bidders apart from Network Rail were forthcoming, and Network Rail bought Railtrack plc on 3 October 2002.
Network Rail (CTRL) Limited was created as a subsidiary of Network Rail on 26 September 2003 for £57 million to take over the assets of the CTRL renewal and maintenance operations. [109] Network Rail (High Speed) operates engineering, track maintenance machines, rescue locomotives, and infrastructure- and test trains. [110]
Network Rail, which is responsible for the infrastructure, intended to improve performance by work carried out during a planned closure of London Liverpool Street station over Christmas and New Year 2007/8. This allowed much of the outer London overhead line equipment to be replaced by modern, self-tensioning lines. [21]
The Rail Delivery Group Limited (RDG), previously the Association of Train Operating Companies, is the British rail industry membership body that brings together passenger and freight rail companies, Network Rail and High Speed 2.