Department for Transport written question – answered at on 17 March 2025.
Alex Mayer
Labour, Dunstable and Leighton Buzzard
To ask the Secretary of State for Transport, whether Network Rail’s debt will move to the balance sheet of Great British Railways.
Simon Lightwood
Parliamentary Under-Secretary (Department for Transport)
The public consultation for the government’s upcoming Railways Bill was launched in February. This consultation sets out our proposals for the most comprehensive reform of Britain’s railways in 30 years.
This included the plan to establish Great British Railways (GBR) as the directing mind in charge of Britain’s railway, bringing responsibility for train services and rail infrastructure together into one integrated organisation.
GBR will accordingly be designed in an appropriate manner so that it can efficiently and effectively carry out its intended functions. The future of Network Rail’s legacy debt will be considered as part of the detailed design process.
Yes0 people think so
No2 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.
