Stephen Hepburn
Main Page: Stephen Hepburn (Independent - Jarrow)Department Debates - View all Stephen Hepburn's debates with the Department for Transport
(10 years ago)
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Mr Stephen Hepburn (Jarrow) (Lab)
As a regular user of this service, I agree with the Secretary of State that East Coast making a profit is not a bad thing. The difference is that we want that £1 billion profit going back to the people of this country—not lining the pockets of his Tory friends.
Mr McLoughlin
The fact is, as I said, that directly operated railways have basically paid £1 billion to the Exchequer over the past five years. The new intercity express will pay £3.3 billion over eight years.