UK: corporate governance at Network Rail

The UK's Office of Rail Regulation has published a report it commissioned from KPMG concerning the governance of Network Rail. Network Rail is a company limited by guarantee and is responsible for the UK's rail infrastructure. The report, titled "Network Rail: Membership aspects of governance", offers suggestions for strengthening Network Rail's governance structure particularly with regard to the role of the company's members. It also contains a useful review of the governance arrangements adopted by several other non-equity based organisations.