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Extension not competition as franchise replacement stalls

By 2001-09-01T10:00:00

INTRO: With Railtrack unable to commit to major schemes which have proved difficult to finalise, government policy has switched from letting new 20-year franchises through open competition to negotiating two-year extensions, writes Robert PrestonCONFIRMATION that the government had lost patience with the slow pace of franchise replacement came on July ...

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