Lord Spicer
Main Page: Lord Spicer (Conservative - Life peer)Department Debates - View all Lord Spicer's debates with the Home Office
(8 years, 8 months ago)
Lords ChamberAs I am sure the noble Lord is aware, the concept of community rail partnerships sets down specific guidelines as to what qualifies as a community railway. Currently about 40 routes do so in that regard. As for his point about trains looking like buses, I am reminded that we are decommissioning Pacers in certain parts of the country.
Is my noble friend aware that when the Cotswold line was nationalised, it was a virtual basket case? It was always under threat of being closed. Since privatisation, it has now become a victim of its own success and people are actually standing between the carriages, let alone within the carriages. Will he therefore do everything he can to encourage private companies to invest private capital in this railway line, as well as others?
My noble friend is quite right. We have seen very encouraging signs from opening up the rail market to the private sector. Underlining that, the Government are also committed to ensuring that they play their full part, and that is why they have committed to a further £38 billion of investment in the rail network over the next five years.