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Written question asked by Mark Hoban (Conservative) on Friday, 6 July 2007, in the House of Commons. It was due for an answer on Tuesday, 10 July 2007. It was answered by Tom Harris (Labour) on Thursday, 12 July 2007 on behalf of the Department for Transport.


Government Shareholding

Question
To ask the Secretary of State for Transport pursuant to the answer of 14 June 2007, Official Report, columns 1283-4W, on Government shareholding, what the nature and status is of the special shares held by her Department in (a) Eurostar (UK) Ltd, (b) London and Continental Railways Ltd, (c) Union Railways (North) Ltd and (d) Inter-Capital and Regional Rail Ltd.
Answer

The Government hold non-balance sheet special shares in all four companies. None of the shareholdings confers voting rights but they do provide Ministers with certain rights sufficient to safeguard the business and ensure continuity of the project.


Secondary information

Type
Written question
Reference
148947; 462 c1581W
Session
2006-07
Related items
Government Shareholding
Thursday, 14 June 2007
Written questions
House of Commons
Subjects
Government shareholding
Link
View this Written question on www.publications.parliament.uk