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Proceeding contribution from Lord Hammond of Runnymede (Conservative) in the House of Commons on Thursday, 25 November 2010. It occurred during Ministerial statement on Rail Investment.


Rail Investment

The release of rolling stock from Thameslink will provoke a cascade through the system so that Thameslink vehicles will be available for use on other lines. In some cases they will displace diesel units that will become available for use on still further lines. At the bottom of the pile, some old rolling stock is likely to be retired. By releasing large numbers of carriages into the pool we expect to change the market dynamics for leasing rolling stock, making it cheaper and therefore more affordable for the taxpayer and passenger alike.


Secondary information

Type
Proceeding contribution
Reference
519 c476 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Capital investment Elizabeth line Fares Greater London Franchises High speed trains Railway stations Railways Railway network Passengers Rapid transit systems Overcrowding Repairs and maintenance Electrification Rolling stock North West Thameslink line Great Western main line
Link
View this Proceeding contribution on www.publications.parliament.uk