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Borrowings taken out by Railtrack successor Network Rail will not count as public spending even though they will be guaranteed by the government's Strategic Rail Authority, the Office of National Statistics ruled last week. It justified the decision on the basis that the guarantees were unlikely to be needed.

The Royal Academy of Engineers £50,000 annual McRobert Award this year went to Cambridge Display Technology for its groundbreaking light-emitting polymer technology. A Mott MacDonald team was highly commended for its innovative ground freezing tunnelling on the giant Boston Artery project.

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