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Proceeding contribution from Lord Hammond of Runnymede (Conservative) in the House of Commons on Tuesday, 1 March 2011. It occurred during Ministerial statement on Intercity Express and Rail Electrification.


Intercity Express and Rail Electrification

My hon. Friend is certainly right to say that one of the benefits of any announcement of new rolling stock is that it creates a larger pool of retired rolling stock and thus creates greater opportunities for train operators to acquire rolling stock leases at sensible prices. This helps to change the dynamics of the rolling stock market for the benefit of passengers and train operators.


Secondary information

Type
Proceeding contribution
Reference
524 c198 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Procurement Railways Railway network Trains Great Western Railway Electrification John Laing Hitachi Agility Trains Intercity Express Programme
Link
View this Proceeding contribution on www.publications.parliament.uk