§ Miss McIntoshTo ask the Chancellor of the Exchequer what assessment he has made of the implications for the Public Sector Borrowing Requirement for financial years(a) 2001–02 and (b) 2002–03 of Railtrack remaining in administration; and if he will make a statement. [19607]
§ Mr. Andrew SmithLoans made to the administrator by DTLR of £1.17 billion so far, and any additional lending in the future, will not score on the Public Sector Net Borrowing. Such loans will add to the Public Sector Net Cash Requirement when given, and reduce it when repaid. Repayment is anticipated before the end of this financial year.