In an article last week ‘Residents call for eyesore red wall to be demolished’ we said that the BRB (Residuary) Ltd was a subsidiary of Network Rail this was incorrect BRB (Residuary) Ltd is owned by the government's Department for Transport and has no connection with Network Rail.
We apologise for the error.
As indeed they ought!
Obviously there is no connection between the private sector company Network Rail and BRB (Residuary) owned by the Department for Transport.
But what's this?
Could this be the same Department of Transport that lobbied the Treasury to allow Network Rail to add the electrification bill to the company's Regulatory Asset Base?
Obviously no connection at all then.