HC Deb 11 July 1997 vol 297 cc644-5W
Mr. Colvin

To ask the Secretary of State for the Environment, Transport and the Regions what measures he is taking to ensure that the imposition of the windfall tax on Railtrack plc does not affect(a) investment, (b) charges and (c) employment; and if he will make a statement. [7571]

Ms Glenda Jackson

I understand that the Rail Regulator's initial analysis suggests that the windfall tax will not affect Railtrack's ability to deliver its existing investment commitments at current levels of access charges.

Employment issues are a matter for Railtrack.