Railways (Rolling Stock)

Part of Oral Answers to Questions — Transport – in the House of Commons at 12:00 am on 21st November 1994.

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Photo of Mr John Watts Mr John Watts , Slough 12:00 am, 21st November 1994

British Rail, the present owner of the three passenger rolling stock leasing companies, is assessing the business requirements for new passenger trains. After the companies enter the private sector, they will base their investment and capital funding decisions on commercial judgment.