HL Deb 19 February 1998 vol 586 c56WA
Baroness Turner of Camden

asked Her Majesty's Government:

When they will reply to a request from the National Bus Company (NBC) Pension Trustees Ltd for funds to commence a legal action on the National Bus pension fund following a decision by the Pensions Ombudsman.

Baroness Hayman

After fully considering the legal advice and the relevant background, we have authorised the Department of the Environment Transport and the Regions to reply to NBC Pension Trustees Ltd offering to meet the trustees' costs with respect to a legal action on the National Bus Pension Fund.

This offer is consistent with our hope that all outstanding legal matters concerning the former National Bus Company pension funds are satisfactorily resolved as soon as possible.