Railways: Bankruptcy

Transport written question – answered on 25th January 2010.

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Photo of Norman Baker Norman Baker Shadow Secretary of State for Transport

To ask the Minister of State, Department for Transport how many train companies have (a) become bankrupt, (b) gone into liquidation, (c) ceased trading for other reasons and (d) started up in each of the last 10 years, broken down by the lowest geographical area for which data are available.

Photo of Chris Mole Chris Mole Parliamentary Under-Secretary, Department for Transport

The Department for Transport does not keep a record of how many train companies have (a) become bankrupt, (b) gone into liquidation, or (c) ceased trading. This information may be sourced through Companies House. The decision to cease trading is a commercial decision made by train companies.

With regard to the number of train companies which have started up in each of the last 10 years, this is a matter for the independent Office of Rail Regulation who can be contacted at:

Office of Rail Regulation

One Kemble Street

London

WC2B 4AN

The Office of Rail Regulation provides all train operators on the United Kingdom rail network with operating licences.

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