Railtrack: Investment Risk

Part of the debate – in the House of Lords at 3:00 pm on 13 March 2002.

Alert me about debates like this

Photo of Lord Northbrook Lord Northbrook Conservative 3:00, 13 March 2002

My Lords, I declare an interest as an investment fund manager. Does the Minister agree that, due to Railtrack receivership, the relationship of trust between investment fund managers and the Government has broken down, so making it more difficult for them to support, with confidence, future railway expenditure without firm government guarantees?