Shaw report: Network Rail's breakup and privatisation rejected

Review by chief executive of HS1 calls for greater local flexibility and autonomy for Britain’s railwaysThe wholesale privatisation and breakup of Network Rail has been ruled out by a critical review, which argued for more devolution in the running of the railways rather than full-scale reform. However, the report by Nicola Shaw, the chief executive of HS1, left open the possibility of bringing more private finance into the running of the railways, at local level or for specific projects.R