Topical Questions

Part of Oral Answers to Questions — Transport – in the House of Commons on 2nd May 2019.

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Photo of Chris Grayling Chris Grayling The Secretary of State for Transport

When I took on this sale, I ensured—in the work we did to prepare for the sale and with potential buyers—that additional safeguards were put in place for those tenants. Whether the arches had remained in the public sector or been sold, it would always have been right to ensure that a market rent was charged. There is no expectation of rent increases out of line with market rents. In the public sector, it would not have been proper use of public money to provide subsidised rents for businesses.