This from Bloomburg...
National Express Finance Director Jez Maiden said the government has given “no steer” as to whether it will rescind the company’s East Anglia and C2C commuter-train franchises.
As National Express today launched a 7 for 3 Rights Issue in an attempt to raise £360m this isn't exactly proving helpful to the struggling company.
Perhaps DafT and Lord Adonis should clarify their position?
UPDATE: Suggestions in the City that Spanish state operator RENFE is keen to enter the UK rail sector.
UPDATE: This from a Mr Saltaire...
That’s a good ruse to bump up the NatEx share price!
