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 You are in: Events: The Money Programme: Archive: 1999-2000  
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EDITIONS
1999-2000 Tuesday, 24 October, 2000, 10:08 GMT 11:08 UK
Sunday June 11/2000
BBC2 18.15

Sunday June 11/2000
BBC2 18.15

Off the rails
The West Coast Main Line is the backbone of Britain's rail network, and its renovation is seen as vital in bringing the system up to date. According to the plans, it will soon be carrying new, high speed trains and extra traffic.
But there's a problem. Just two years ago, Railtrack said the work would cost 2.2bn. Now it says the figure will be a staggering 5.8bn.
The Money Programme has discovered evidence of an extraordinary blunder behind this ballooning bill, which may cost the taxpayer dear.

Standard and Deliver?
Standard Life is a staid Scottish insurance company. It's also the centre of a furious battle over the ownership of some 16bn sitting in its coffers.
It's one of Britain's last big mutuals - owned by its customers, and run on their behalf. But now the carpetbaggers are on the prowl, planning to privatise Standard Life and distribute its vast treasure trove to millions of policy holders.
Some individuals stand to make tens of thousands of pounds. Is this a sensible use of Standard Life's assets? Or would short-term gain means longer-term pain?
Rajan Datar reports.

Links to more 1999-2000 stories are at the foot of the page.


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