Network Rail privatisation expected to be ruled out by report

Treasury-commissioned review likely to call for devolution of regional routes and some private investment, but not sell-off of network, after fares warningA government-commissioned report into financing Britain’s railways is expected to rule out privatisation of the network following warnings that a sell-off would lead to higher fares.The review of Network Rail by Nicola Shaw, the chief executive of the High Speed 1 line, is to be published alongside the budget on Wednesday and will encour