§ Mr. Greg Knight
To ask the Secretary of State for Transport what decisions have been reached about the sale of British Rail Engineering Limited.
§ Mr. Portillo
The Railways Board has decided to select a consortium of the management and employees of British Rail Engineering Limited. Trafalgar House plc and Asea Brown Boveri Ltd. as preferred bidder for the purchase of its engineering subsidiary BREL (1988) Ltd. Government consent to the sale will ultimately be required and the British Rail chairman has asked for our agreement in principle to the board's decision. My right hon. Friend is considering this and a statement will be made as soon as possible.