Oral Answers to Questions

Lord Lancaster of Kimbolton Excerpts

Thursday 23rd February 2012 Commons Chamber

[Justine Greening]

The hon. Gentleman makes an interesting suggestion. The Government are looking across the board at how we can introduce corporate governance rules that lead to a more responsible approach by companies, and that give shareholders the ability to hold their executive to account more effectively. Transparency is a key part of the Government’s agenda too, so I shall reflect on what he says.

[Mark Lancaster (Milton Keynes North) (Con)]

I encourage the Secretary of State to come to visit the new Network Rail headquarters in Milton Keynes, not because I want her to interfere in remuneration—that is best left to the company—but so that she can celebrate the 1,000 new jobs that have been created there.

[Justine Greening]

I would be delighted to visit Milton Keynes. Network Rail is doing a huge amount of work on skills and apprenticeships. We should reflect on that and celebrate it.