BRITISH RAIL LOSSES:
BRITISH RAIL LOSSES:; INT
Westminster CMS John Prescott MP (Shadow Transport Sec intvwd SOF
-BR is in deep financial trouble and has not achieved
any of the goals set for it by government/
privatisation is now irrelevant to its problems
CMS Richard Hannah (UBS Phillips & Drew intvwd SOF
-Some of the best investments now are companies which
have boomed in the private sector so the railways may
still be attractive to investors
London CMS Sir Bob Reid (Chmn British Rail seated at pkf
Euston CMS SIDE Reid speaking at pkf (not heard
MS Ditto
MS Journalists seated at pkf
CMS Sir Bob Reid (Chmn British Rail intvwd SOF
-There will be an infrastructure company owned by the
govt after privatisation and the money for investment
will come from here/ investors need to make a return
on their money and will be interested in the
conditions of sale
CMS Richard Hope ("Railway Gazette" intvwd SOF
-I think the White Paper on privatisation due at the
end of this month will advocate privatisation of the
freight business and allow a few private operators
to operate on the fringes but the great majority of
passenger journeys will still be conducted by BR
EXT
Kings Cross
MS Network South East train towards into station
MS Suburban passenger train along into station and
passengers off

MIX/FX C4N CF = B0114768 OR B0144273 19.59.32 - 20.03.30
 C4N PAB = B0201926





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Credit:
Editorial #:
805686814
Collection:
ITN
Date created:
July 01, 1992
Upload date:
License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:02:17:24
Location:
United Kingdom
Mastered to:
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Originally shot on:
576 25i
Source:
ITN
Object name:
bsp010792011_2496.mov
- Rail Transportation,
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