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Written question asked by Lord Grayling (Conservative) on Monday, 26 November 2001, in the House of Commons. It was due for an answer on Tuesday, 4 December 2001. It was answered by David Jamieson (Labour) on Tuesday, 4 December 2001 on behalf of the Department for Transport, Local Government and the Regions.


Dept for Transport Local Government and the Regions

Question
To ask the Secretary of State for Transport, Local Government and the Regions, what information his Department has collated about Railtrack's creditors and their willingness to grant further credit to the company in administration.
Answer

Chris Grayling: To ask the Secretary of State for Transport, Local Government and the Regions what information his Department has collated about Railtrack's creditors and their willingness to grant further credit to the company in Administration. [18938] Mr. Jamieson: Railtrack plc's post-Administration trade and finance creditors are being financed through the Loan Agreement made available to Railtrack plc at the making of the Railway Administration Order. Since 7 October the Administrator has been in negotiation with a number of suppliers, who are continuing to provide goods and services to Railtrack plc (in Administration), on account of the continued support of Government.


Secondary information

Type
Written question
Reference
376 c280W; 18938
Session
2001-02
Subjects
Debts Finance Insolvency Railways Railtrack
Link
View this Written question on www.publications.parliament.uk