Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more


Government guaranteed borrowings by Network Rail will count as public spending, but only if Network Rail is unable to repay loans, the Office of National Statistics said last week. The announcement follows a statement two weeks ago that the new railway operator's borrowings would not be classified as public spending, because the government guarantees were unlikely to be called on (News last week).

Subscribe for full online access and get...

  • Full, instant access to all stories
  • Customised email alerts straight to your inbox
  • Monthly print magazine

Register for guest access to keep reading and get..

  • A free taste of other selected news stories
  • Daily email newsletters

Already have a subscription or ICE membership? or