HC Deb 22 May 1995 vol 260 c405W
Mr. Denham

To ask the Secretary of State for Transport if he will make a statement on progress towards rail privatisation. [23901]

Dr. Mawhinney

Restructuring in preparation for privatisation is mostly complete and invitations to tender have issued for the first three franchises and the three rolling stock leasing companies. Sales of BR's support businesses have commenced and sales of the domestic freight businesses are planned this year. Railtrack will be floated in the life of this Parliament.