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Written question asked by Lord Berkeley (Labour) on Thursday, 30 March 2017, in the House of Lords. It was due for an answer on Thursday, 13 April 2017. It was answered by Lord Ahmad of Wimbledon (Conservative) on Friday, 7 April 2017 on behalf of the Department for Transport.

Network Rail: Land

Question

To ask Her Majesty’s Government what discussions have taken place between Network Rail and the Treasury regarding (1) the sale of operational land, (2) whether such sales would be leasehold or freehold, (3) what conditions would be applied to ensure the continuing use of such land for railway purposes, and (4) how much money is estimated could be raised from the sale of (a) rail freight terminals, (b) rail passenger stations, (c) commercial arches, and (d) operational rail tracks and lines.

Answer

The government holds regular discussions with Network Rail to discuss a wide range of topics, including the asset disposal programme. This programme is ongoing and the detail of any future sales are commercially sensitive.

HM Treasury is engaged in these asset sales discussions, working through the Department for Transport, who manage the relationship between Network Rail and central government alongside UK Government Investments. Specifically, HM Treasury is represented on a Network Rail chaired meeting where potential sales of assets are discussed and where its input can be sought.

Secondary information

Type
Written question
Reference
HL6490
Session
2016-17
Subjects
Land Network Rail Sales
Contains statistics
Yes
Link
View this Written question on www.parliament.uk