§ Mr. SpellarTo ask the Secretary of State for Transport if he will make a statement on the current position in respect of the loan by the European investment bank for the construction of the Jubilee line.
§ Mr. NorrisI understand that arrangements for the European investment bank to fund the initial payment by the O and Y company towards its contribution to the cost of the Jubilee line extension are in place, ready to operate once my right hon. Friend can approve the funding agreement and give the go-ahead to construction.