Letter - Network Rail's debt is no cause for alarm

We at Network Rail were slightly bemused to see the normal practice of reviewing our financial PR support (31 March) presented as evidence of some sort of company crisis.

We have a large amount of debt because we have been a largely debt-financed company, but this is normal for a railway - and we still have far less debt than the railways of either France or Japan. In fact, we've got an AAA credit rating, so finance is not a problem for us.

Chris Rumfitt, head of external comms, Network Rail.

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