'Byers will 追加する years to rail 再開'

By Daily Mail Reporter
Updated: 00:00 BST, 23 October 2001

?

OUTGOING Railtrack 長，指導者 (n)役員／(a)執行力のある Steve Marshall has 爆破d Stephen Byers' 計画（する）s for 昇格ing the rail 網状組織. Marshall said the 輸送（する） 長官's 提案s will 延期する rail 再開 by at least two or three years.

Byers is 提案するing all major rail 昇格s be carried out by 'special 目的 companies', whose 財政／金融s would be separate from Railtrack's 後継者. But Marshall said 契約s for such 投機・賭けるs take a long time to develop and 要求する 重要な 財政上の 出資／貢献 from the new not-for-利益（をあげる） company that will run the 跡をつける and signalling.

He 追加するd that Byers' 改革（する）s will not save taxpayers money or 危険s. 'The 政府 is 捜し出すing to put in 正確に／まさに the same or more 資本／首都 and at the same time assume all the 危険s,' he said. He followed with a hard-hitting letter to Byers 捜し出すing '緊急の 解明 of the 政府's 意向s' more than two weeks after Railtrack plc was put into 行政.

Marshall wants Byers to （一定の）期間 out whether 株主s will get new 政府-支援するd 社債s, and whether he will 'do nothing to 妨げる a 十分な consideration of any cash 企て，努力，提案 from a third party'.

Byers is 推定する／予想するd to tell 議会 today of his 計画（する）s. He is also 推定する／予想するd to give Railtrack's 後継者, dubbed Newtrack, up to £1bn as a contingency 基金 to 保護する against the costs of major events such as 衝突，墜落s. Marshall said the cash looks like '影をつくる／尾行する 公正，普通株主権' 成し遂げるing 正確に／まさに the same 役割 as 株主s' 公正，普通株主権 did at Railtrack.

Newtrack is 推定する／予想するd to be run by 10-15 directors who 報告（する）／憶測 to a board of 30-40 members drawn from the train operating companies, freight and 乗客 groups and 貿易（する） unions.

German bank WestLB's 企て，努力，提案 for Railtrack's 資産s, 除外するing the safety and signals systems, is now with Byers It is 確信して of （警官の）巡回区域，受持ち区域ing the 140p-180p 株主s look like getting at 現在の. Byers 延長するd the period Railtrack bondholders have to 受託する the 政府's 条件 to roll their 負債 into Newtrack. The 拡張 by three weeks until 14 December is designed to soothe 投資家s worried about the approaching 最終期限.