London North Eastern Railway: DFT OLR Holdings

(asked on 7th June 2021) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, how much and what proportion of the £40 million dividend paid by LNER to his Department's OLR Holdings Limited in 2019-20 for financial year 2018-19 (a) has been reinvested into the railways, (b) accrued to his Department and (c) accrued to the Exchequer.


Answered by
Chris Heaton-Harris Portrait
Chris Heaton-Harris
Secretary of State for Northern Ireland
This question was answered on 14th June 2021

The £40m dividend paid by LNER to DfT OLR Holdings Limited was recognised in the Departments Accounts and Estimates in the 2019/20 year.

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