§ Mr. PicklesTo ask the Secretary of State for Transport, Local Government and the Regions if he intends to allow assets of the not-for-profit company known as New Track to be made available as security to bankers in order to secure funding for the company. [11221]
§ Mr. SpellarA substantial portion of the income for a company limited by guarantee would be covered by stable long-term contracts. These would form the basis for an investment grade credit rating to secure funding for the company.