Question to the Department for Transport:

To ask Her Majesty’s Government what discussions have taken place between Network Rail and the Treasury regarding (1) the sale of operational land, (2) whether such sales would be leasehold or freehold, (3) what conditions would be applied to ensure the continuing use of such land for railway purposes, and (4) how much money is estimated could be raised from the sale of (a) rail freight terminals, (b) rail passenger stations, (c) commercial arches, and (d) operational rail tracks and lines.

The government holds regular discussions with Network Rail to discuss a wide range of topics, including the asset disposal programme. This programme is ongoing and the detail of any future sales are commercially sensitive.

HM Treasury is engaged in these asset sales discussions, working through the Department for Transport, who manage the relationship between Network Rail and central government alongside UK Government Investments. Specifically, HM Treasury is represented on a Network Rail chaired meeting where potential sales of assets are discussed and where its input can be sought.