HC Deb 26 April 1993 vol 223 c296W
Mr. Beith

To ask the Secretary of State for Transport further to the answer to the hon. Member for Cardiff, West (Mr. Morgan) of 20 April,Official Report, column 70, what guarantee or underwriting has been undertaken by the Government in respect of the loan from the European investment bank to Canary wharf in connection with the Jublilee line project; and whether he will make a statement.

Ms Harman

To ask the Secretary of State for Transport whether the Government or any other public body has incurred a contingent liability as a result of the agreement by the European investment bank to provide £98 million to finance the extension of the Jubilee line.

Mr. Norris

Detailed arrangements for funding the Jubilee line extension are for agreement between London Transport/London Underground Ltd. and the parties involved in the financing of Canary wharf. These arrangements are currently under discussion and are subject to the normal rules of commercial confidentiality.

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