UK - Ratings agency Standard & Poor's has backed more than 20 institutional investors who have written to the Treasury to tell it the fund management industry no longer trusts the Government in the wake of the collapse of Railtrack.
Jonathan Manley, Railtrack analyst at S&P, told IPN: “It’s been five months since Railtrack was taken into administration and we are not really any closer to finding out what the new set up is goin...
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