Industry: Network Rail needs to be split and sold

first_imgTuesday 21 September 2010 7:59 pm Industry: Network Rail needs to be split and sold KCS-content Share whatsapp NETWORK RAIL should be split up and sold off to help raise cash for the Treasury, while train operators should be handed more power, according to new proposals by an industry body.A paper issued by the Association of Train Operating Companies (ATOC) to Sir Roy McNulty, who is conducting a value for money review of the rail network, said the moves would save the government up to £500m.It recommends splitting Network Rail, the owner of British tracks and stations, into regional parts and then selling them. ATOC is also suggesting that train operators should be handed more power to ensure better alignment of track and train and to put operational decision making in one place.McNulty’s report is due next year. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndocenter_img whatsapp Show Comments ▼ More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Tags: NULLlast_img read more

Chellarams Plc (CHELLA.ng) 2014 Abridged Report

first_imgChellarams Plc (CHELLA.ng) listed on the Nigerian Stock Exchange under the Industrial holding sector has released it’s 2014 abridged results.For more information about Chellarams Plc (CHELLA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Chellarams Plc (CHELLA.ng) company page on AfricanFinancials.Document: Chellarams Plc (CHELLA.ng)  2014 abridged results.Company ProfileChellarams Plc is an investment holding company in Nigeria with business interests in manufacturing, retail, distribution, marketing and power generation. The company has been in operation for almost 90 years and is a leader in its field of manufacturing and distributing industrial raw materials and consumer goods. Its product portfolio ranges from industrial chemicals and machinery to ingredients for food manufacturers, frozen foods, bicycles and electronics. Chellarams Plc operates through three subsidiary companies: Chelltek Industries Limited, Dynamic Industries Limited and United Technical & Allied Services Limited. It is in a joint partnership with American Express Travel Services, Devyani International (Nigeria) Limited, Isolo Power Gen Limited and Woolworths Retail Stores Limited. The company’s head office is in Lagos, Nigeria. Chellarams Plc is listed on the Nigerian Stock Exchangelast_img read more