Transport, Local Government and the Regions written question – answered at on 1 November 2001.
To ask the Secretary of State for Transport, Local Government and the Regions what discussions he has had with (a) Moodys, (b) S & P, and (c) other credit rating agencies concerning Railtrack and its successor; and if he will make a statement.
Officials have met with credit rating agencies as part of their overall objective of ensuring that the rail network continues to receive sufficient funding to operate on a normal basis during the administration of Railtrack Plc and, separately, to develop further the Government's proposals for a Company Limited by Guarantee.
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