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Article: GNER's fate hangs on result of legal battle
- Article from:
- Scotland on Sunday
- Article date:
- July 23, 2006
- Author:
CopyrightCopyright 2006 Scotland on Sunday. Provided by ProQuest LLC. (Hide copyright information)
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SEA Containers, the troubled transport group, will decide the fate
of its GNER subsidiary on Thursday when the result of a legal battle
over access to the east coast train line is expected.
GNER recently brought a High Court challenge to a decision by the
Office of the Rail Regulator to allow rivals to run train services on
the flagship line without having to pay the same charges as GNER. The
firm claimed in court that the decision amounted to unlawful
discrimination and unlawful state aid for the rivals, Grand Central
and Hull Trains.
Sea Containers last week dismissed a report that it was ready to
sell GNER for GBP 200m to ease its debts as "speculation". But a
spokeswoman told Scotland ...