§ Jane GriffithsTo ask the Secretary of State for the Environment, Transport and the Regions if he will give those local authority bus companies whose finances are sufficiently sound freedom from controls in respect of borrowing for capital investment. [48012]
§ Ms Glenda JacksonThe only such controls concern the terms on which Public Transport Companies may borrow from the owning local authority; there are no plans for change. Otherwise there are no controls on borrowing by a PTC on the strength of the business.