Taxpayers could face costs if space has to be repurchased for engineering works – report
Network Rail failed to act in the interests of tenants and the taxpayer when it sold off £1.5bn of railway arches, sacrificing an important asset for short-term gain, according to MPs.
A critical report from the public accounts committee has found that the controversial sale of thousands of arches will also mean future tenants have fewer rights – and existing tenants no longer have an option to extend their leases.
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