§ Mr. AllenTo ask the Secretary of State for Transport what is the estimated value of each of the publicly owned assets which will be handed over to London and Continental Railways in respect of the channel tunnel rail link. [25594]
§ Mr. WattsThe two Government-owned companies, Union Railways and European Passenger Services, will be transferred to London and Continental Railways. The net assets of these companies are contained in their annual report and accounts, copies of which are in the Library of the House. Valuations of certain specific assets—including valuations for the King's Cross and Stratford railway lands and St. Pancras Station, which are to be leased or transferred to London and Continental but which do not form part of Union Railways—were given in answers to the hon. Member for Pendle (Mr. Prentice) on 12 March 1996,Official Report, column 572, on 13 March 1996, columns 606-607 and on 14 March 1996, columns 720-21