Railways: Coronavirus

Department for Transport written question – answered on 22nd June 2020.

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Photo of Karen Buck Karen Buck Labour, Westminster North

To ask the Secretary of State for Transport, what information his Department holds on train companies that received additional Government funding during 2020-21 paying dividends to shareholders.

Photo of Chris Heaton-Harris Chris Heaton-Harris Minister of State (Department for Transport)

The Emergency Measures Agreements (EMAs) place a number of new restrictions on operator’s financial transactions in recognition of the risk that the government bears while they are in place. This includes restrictions on the payment of dividends to shareholders during the EMA term.

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