Speeches

Liz McInnes – 2016 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Liz McInnes on 2016-03-08.

To ask the Secretary of State for Transport, how much money accrued to the public purse at the time of rail privatisation from land sold by British Rail to private freight companies.

Claire Perry

British Rail did not sell land directly to private freight companies but transferred land to the different freight entities within its own operations in advance of the sale of the freight business. It would no longer be possible at this point to extrapolate the land value from the company value.