HC Deb 10 December 2001 vol 376 c694W
Mr. Flight

To ask the Chancellor of the Exchequer where the debts of Railtrack will appear in the national accounts if Railtrack is in administration next April. [21060]

Mr. Andrew Smith

Railtrack is a private sector company. During administration it will continue to be classified to the private sector in national accounts. Its debts will be recorded as a financial liability in the balance sheet of the private corporations sector.

Mr. Bercow

To ask the Chancellor of the Exchequer (1) what representations he has received from(a) British and (b) foreign public sector investors regarding the administration of Railtrack; [15041]

(2) what assessment he has made of the likely impact on the level of US investment in the United Kingdom that will result from the impact on US investors affected by the administration of Railtrack; [15267]

(3) what representations he has received from (a) US investors, (b) US investment companies and (c) US investor representative bodies regarding the administration of Railtrack; [15268]

(4) What assessment he has made of the impact the administration of Railtrack on US investors will have on the terms on which future US investment is made in the UK; and if he will make a statement. [15270]

Mr. Andrew Smith

Treasury Ministers receive representations from organisations outside the Government on a regular basis. DTLR has lead responsibility for matters relating to Railtrack.

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