All change at NR?

The Fact Compiler's latest encomium published in Passenger Transport on the 6th December...

The next edition of Passenger Transport is published on the 20th December.

UPDATE: This from a Pedant just North of Purley...

Just before you start crowing over Eye's mystic powers to determine what the ONS would actually say...

I am sure I cannot be the first to draw attention to the homophonic error in para 3 of your reproduced item from Passenger Transport.

 

If only anyone associated with government were of principle. 

 

I am sure he is only a principal accounting officer.

NR nationalised - almost...

This from the Office for Budget Responsibility - Economic and fiscal outlook, Box 4.2, page 98...

the classification of Network Rail:
Network Rail is currently classified as a private sector body. The ONS is reviewing that classification against the revised guidance in ESA10. Network Rail had £30 billion of debt recorded in its latest accounts, up from £8 billion at formation in 2002. Based on published plans, its operations imply the equivalent of around £3 billion of borrowing a year on average over the coming years. A change of classification could therefore increase PSND by about 2 per cent of GDP and PSNB by 0.2 per cent of GDP on average, with implications for future debt;

No doubt both TfL and Scotland are looking forward to managing, maintaining and upgrading their devolved railway assets?