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What the papers say - THE TIMES

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Railtrack's private shareholders will not appeal against the courts' dismissal of their £157M compensation claim against the government. The judge ruled that the government was not guilty of acting in bad faith before Railtrack's slide into administration in 2001.

Transco was fined £1M last week for breaching health and safety laws after Ian Brady, a retired paramedic, was killed when he lit a cigarette after a gas leak at a block of flats in Ashton-under-Lyne. Transco admitted the breach to Manchester Crown Court.

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