§ Clive EffordTo ask the Secretary of State for Transport, Local Government and the Regions what936W effect the credit rating of Transport for London will have on the future cost of the public-private partnership for the London Underground; and if he will make a statement. [18389]
§ Mr. JamiesonTransport for London's credit rating is one of the many factors that financiers will take into account when bidders raise private sector finance for the tube modernisation plans.