Financial Times - Rail

Rail

• Rights issue plan derails FirstGroup
• Chairman to step down from FirstGroup
• FirstGroup shares plunge on rights issue
• China Railway plans bond auction
• Collision disrupts northeast rail services
• Businesses challenge NAO over rail link
• Banks sue Lisbon over ‘toxic’ asset claims
• National Express eyes German rail tenders
• Arriva in northern rail services plan
• Ukip ‘fruitcakes’ make parties nervy
• Airlines hit as passengers shift to rail
• Bidders set to battle for Crossrail route
• Siemens warns on late Eurostar delivery
• State-run railway beats private rivals
• US rail operators divided over LNG future