Network Rail reports funding shortfall of 33%

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Network Rail has seen its share of the Railways Pension Scheme deficit increase by 79% after a 25% fall in asset values.

The railway infrastructure operator said its share of the deficit rose from £370m at March 31, 2007 to £664m at the end of March this year. Over the period its assets fell from £2.96bn to £2.21bn ...

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