Question to the Department for Transport:

To ask the Secretary of State for Transport, whether she has made an assessment of the potential merits of accession to the EUROFIMA convention.

The Government is committed to developing a long-term industrial strategy for rolling stock, supporting British manufacturing, fostering innovation, and enhancing the rail passenger experience. As part of this work, the Department is exploring a range of financing structures to support investment, in partnership with private finance. This includes active engagement with Eurofima to assess how its financing mechanisms could support future investment in the UK rolling stock market.