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What the papers say - THE TIMES

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Train companies would be forced to offer customers cash refunds for delays under new proposals before the European Parliament. The parliament's transport committee voted overwhelmingly in favour of the scheme last week, and it now must be approved by ministers. Under the scheme, passengers delayed by 60 minutes would be entitled to a cash refund of 25% of the cost of that leg of the journey.

Compensation would rise to 75% for delays of three hours or more.

Nearly 25,000 Railtrack private shareholders will be asked to pay £25 each to revive the investors' campaign against the government. The shareholders have been fighting for three years to take the government to court over alleged misconduct in putting Railtrack into administration in 2001.

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