Network Rail

Network Rail is a British "not for dividend" company limited by guarantee that owns the fixed assets of that part of the British railway system that formerly belonged to British Rail, the now-defunct UK state-owned rail operator.

Related Topics:
British - Company limited by guarantee - British Rail

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Thus Network Rail owns the railway tracks themselves, signals, tunnels, bridges, level crossings and most stations, but not the rolling stock. Network Rail took over ownership by buying Railtrack plc, which was in "Railway Administration", for £500 million from Railtrack Group plc.

Related Topics:
Railway - Signal - Tunnel - Bridge - Level crossing - Stations - Rolling stock - Railtrack

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