Since April, West Somerset Railway plc's £1m in cash reserves had "eroded away" over five years. To curb this 16 jobs were cut, saving £340,000. Chairman Jonathan Jones-Pratt said: "By March ...
The annual report of West Somerset Railway, seen by the BBC, shows this compares with a profit last year of £12,000. The company's annual report questioned its ability to "continue as a going ...