LONDON — According to a wire service, the company that operates Britain’s rail infrastructure will remain in administration for about a month longer than planned, the administrator announced Thursday.
Railtrack, which the government forced into administration late last year, was scheduled to come out of it in September.
But Ernst & Young, the accounting firm now overseeing management of the private company, said the time frame would be extended by four to six weeks because of delays in working out a long-term business plan for Railtrack.
The government wants to eventually replace the problem-plagued Railtrack with a non-profit company that would run the country’s rail network.
Railtrack controlled 20,000 miles of train tracks under a piecemeal privatization of Britain’s rail system, with more than 20 separate companies operating passenger trains.