RAILTALK - Modern Railways' editorial view
PRIVATISATION UPDATE - Roger Salmon caps fare increases at the rate of inflation; British Rail Maintenance Ltd sale tied up
NEWSFRONT - Record-breaking run on the East Coast main line; three new stations open; South Eastern Trains' plans for the Networker Expresses; latest developments on light rail schemes in Croydon, Nottingham and Leeds
MODERN RAILFREIGHT - Privatisation moves a step closer; new Euroterminal proposed for Manchester; National Audit Office sniffs grant system
INFORMED SOURCES - ABB and GEC Alsthom throw out Networker request; innovative rent-a-train concept; Mr Salmon's suspect franchising timescale
FORUM - Readers letters
CRASH! ABB PUTS IT RIGHT Crash repair facilities at Derby and York
ST PANCRAS INTERNATIONAL - Plans for converting the Victorian gem into a 2lst century Eurostar terminal
STRATFORD FOR THE CONTINENT - The case for building a station on the Channel Tunnel Rail Link in east London
EUROPEVIEW - New Belgian hauled stock; more on the New Generation TGV; Danish prototypes head for Iran; Schindler makes old coaches as good as new
STATE OF THE ART TRACTION DRIVES - From the mercury arc to the three-phase drive
TRACKWATCH - Railtrack network changes
INFRASTRUCTURE UPDATE - Eurostar North of London work: no-one knows the cost; GN work for 365s authorised; Heathrow Express contract let
ROVER GUIDE PART TWO - Our round-up of Rover tickets is concluded: we cover big cities and Ireland
RAILTOURER - End for the 'Ocean Liner Express'
MOVING WHEELS - Traction and rolling stock news
SERVICE PLEASE - Barry Doe takes Anglia to task on its ticketing policy
ALAN WILLIAMS' COLUMN - Pithy comment on rail issues

Front cover: Unit No 158851 gets a wash and brush-up at Norwich Thorpe on 7 March 1993 before forming the 15.13 service to Birmingham New Street. Inset: St Pancras station.