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TORY Transport Secretary Patrick McLoughlin is secretly courting venture capitalists seeking to profit from the privatisation of Network Rail, the Morning Star can exclusively reveal today.
Mr McLoughlin has personally met representatives of UBS Bank and Infra Capital to gauge interest about a break-up from potential buyers.
A source at the meeting held two weeks ago described how they discussed which parts of Britain’s rail infrastructure would be profitable enough to sell.
The HS2 debacle exposes what happens when public infrastructure is handed to private contractors – especially when set against China’s state-led high-speed rail success, says CARLOS MARTINEZ
A just transition to Great British Railways and a clean and safe railway for all is not only desirable but also necessary. MARYAM ESLAMDOUST explains
