HC Deb 10 June 1996 vol 279 c25W
Mr. Gunnell

To ask the Secretary of State for Transport what is his assessment of the future of the national rail network; and if he will make a statement. [30615]

Sir George Young

The future of the national rail network is more assured than ever as a result of our privatisation programme. Railtrack, now in the private sector, has published a 10-year plan to spend well over £ 1 billion per annum on the network. Passenger services are being transferred to the private sector, with, for the first time, key services and network benefits legally guaranteed through franchise contracts.