§ Baroness O'Cathainasked Her Majesty's Government:
Whether they will make public the terms of the contracts they have signed with London and Continental Railways Ltd., the private sector promoter of the Channel Tunnel Rail Link, and whether they will provide a breakdown of the benefits of the CTRL project to the nation.
§ The Parliamentary Under-Secretary, Department of Transport (Viscount Goschen)Further to the undertaking given in another place by my right honourable friend the Secretary of State for Transport on 29th February, we have today placed in the House Library copies of a memorandum which summarises the most significant obligations of both London and Continental Railways and the Government under the terms of the contracts which were signed last week. Some aspects of the contracts are, and will remain, commercially confidential and have therefore been 47WA excluded. The memorandum provides further details of the benefits of the CTRL project to the nation.