Oral Answers to Questions Debate

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Department: Department for Transport

Oral Answers to Questions

Susan Elan Jones Excerpts
Thursday 10th March 2016

(8 years, 9 months ago)

Commons Chamber
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Lord McLoughlin Portrait Mr McLoughlin
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I do agree, but there is obviously responsibility for a system of railway maintenance and improvement, which is very important. Through the private sector we have seen vast improvements in our railway service. At the time of privatisation of our railways, there were 750 million people a year using trains; last year there were 1.6 billion and that figure is growing year on year. So I do not have to be convinced about the advantages of a system that has evolved over a number of years, using the private sector. I will consider any other ways in which we can involve the private sector in providing better railway services for our constituents.

Susan Elan Jones Portrait Susan Elan Jones (Clwyd South) (Lab)
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22. Network Rail has confirmed that it has considered selling up to 18 major stations and a number of other assets as it struggles to plug a £2.5 billion budget black hole. Would the Secretary of State like to comment on that?

Lord McLoughlin Portrait Mr McLoughlin
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The hon. Lady talks about a £2.5 billion black hole. We are investing over this railway period some £38 billion in Network Rail. If Network Rail is sitting on certain assets, should it consider disposing of some of them so that we can carry on improving the overall system? Yes, it should. I do not see anything wrong with that. Indeed, a number of asset sales took place under the previous Government too.