shares were suspended after it had failed to declare interim results. National Railway Museum (2004–present) In February 2004, a debt agency acting on behalf of Flying Scotsman plc announced it would hold a sealed bid auction for the locomotive, to be held on 2 April. Amid fears it could be sold into foreign hands, the National Railway Museum (NRM) in York announced it would bid, and appealed for funds. It secured a winning bid of £2.3 million, 15% higher than the second highest bidder. The bulk of the money came from a £1.8 million grant from the National Heritage Memorial Fund, with the remainder coming from £350,000 raised from public donations which was matched by businessman Richard Branson, and £70,000 raised by The Yorkshire Post newspaper. Included in the sale was a spare boiler from 1944 that Flying Scotsman carried from 1965 to 1978, spare cylinders, and a Mark 1 support coach. The locomotive arrived in York in time to be exhibited as part of the museum's Railfest in June 2004 to celebrate 200 years of rail travel. In 2004 and 2005, Flying Scotsman intermittently hauled special trains across Great Britain, although problems with its condition soon became apparent. It failed on the delivery trip to Railfest and several times more in the following months, but the museum's engineering staff failed to spot critical faults. From September 2004 until May 2005, it sat at the NRM's workshop for a heavy intermediate repair, the intention being to improve reliability and allow operation until its general overhaul and restoration. However, by the end of 2005 the intermediate repairs failed to improve the situation and the NRM decided to proceed with the general overhaul. 2006–2016 restoration The locomotive entered the NRM's workshops in January 2006, with the original intention to return it to Gresley's original specification and renew its boiler certificate. It was estimated that this would take one year to complete, and cost around £750,000. The works were on view for visitors at the NRM, but the engine was rapidly dismantled to such an extent that the running plate was the only component recognisable to the casual observer. In July 2007, the museum pushed back the expected completion date by 18 months, due in part to issues with the boiler restoration. By 2009, with further problems encountered including misaligned frames and a cracked cylinder, plus rising metal prices, the museum launched the