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Jarvis shares slide on Network Rail cut-backs

by Deborah Hyde on Jan 22, 2009 at 17:49

Brewin Dolphin analysts have suspended coverage of Jarvis' shares and say Network Rail's cutbacks will have implications for both Jarvis' rail and plant divisions and potentially the future viability of the group.

In 2004, Network Rail and Jarvis accepted liability on behalf of the rail industry for claims brought over the Potters Bar crash - which killed seven people.

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