Jonathan Edwards – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Jonathan Edwards on 2014-06-11.

To ask Mr Chancellor of the Exchequer, what financial risk assessment he has carried out in respect of offering guarantees for the proposed Thames Tideway Tunnel.

Danny Alexander

The Government has not proposed a guarantee for the Thames Tideway Tunnel. It has instead put in place a package of contingent financial support designed to cover low probability but high impact risks, prioritising the delivery of value for money for both taxpayers and customers. Further details are provided by the Secretary of State for Environment, Food and Rural Affairs in a Written Ministerial Statement on 5 June.

This statement is published in Hansard at: http://www.publications.parliament.uk/pa/cm201415/cmhansrd/cm140605/wmstext/140605m0001.htm#14060532000008

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