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UK'S RAILTRACK SELLS CREAKING RAIL NETWORK, 2002-06-27 (photo)

IMAGE number
REU7853107
Image title
UK'S RAILTRACK SELLS CREAKING RAIL NETWORK, 2002-06-27 (photo)
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Photographer
Ian Waldie
Medium
photograph
Date
2002 AD (C21st AD)
Shooting Date
2002-06-27
Image description

Britain set about trying to restore confidence in the country's creaking railways June 27, 2002, when a state-backed firm agreed to take over insolvent rail network operator Railtrack. Railtrack Group Plc said it had signed contracts to sell its operating company to Network Rail and its stake in the Channel Tunnel Rail Link to London & Continental Railways for a total of 875 million pounds ($1.34 billion) Picture shows Railtrack House near Euston Station in central London in this October 8, 2001 file photo. REUTERS/Ian Waldie/file IW/MC/AA

Photo credit
REUTERS/Ian Waldie / Bridgeman Images
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