§ 48. Mr. MitchellTo ask the Secretary of State for Environment, Transport and the Regions what proposals he has to encourage the purchase of new rolling stock in the privatised railway system. [19443]
§ Ms Glenda JacksonExisting franchise agreements already include commitments by franchisees to introduce new rolling stock. However, we want to see even more new rolling stock orders and we expect the rolling stock leasing companies to play a big role in procuring new trains, taking reasonable commercial risks to achieve high levels of investment in the rail industry.