HC Deb 24 October 2001 vol 373 cc221-2W
Mr. Hoyle

To ask the Secretary of State for Transport, Local Government and the Regions if he will ensure that existing investment and maintenance programmes planned by Railtrack will take place. [8391]

Mr. Jamieson

The Administrator has been funded so as to permit him to continue work on Railtrack's projects. Contractors have been asked to continue normal working; and Railtrack in administration will continue to place orders and let contracts.

Chris Grayling

To ask the Secretary of State for Transport, Local Government and the Regions what discussions he has held with financial institutions about the future investment needs of the rail industry since the decision to put Railtrack into administration. [8994]

Mr. Jamieson

My Department's advisers have held regular meetings with financial creditors and others.

Chris Grayling

To ask the Secretary of State for Transport, Local Government and the Regions if he has discussed future funding of rail investment with Railtrack bondholders. [9003]

Mr. Jamieson

Future funding of the proposed company limited by guarantee has been discussed between my officials, my Department's advisers and the financial markets and we intend to continue to consult widely before detailed proposals are put to the Administrator.

Mr. Simon Thomas

To ask the Secretary of State for Transport, Local Government and the Regions what percentage of Railtrack's shareholders hold less than(a) 5,000 and (b) 1,000 shares. [8780]

Mr. Andrew Turner

To ask the Secretary of State for Transport, Local Government and the Regions what information he has on the number of railway employees who hold shares in Railtrack. [8945]

Mr. Jamieson

My Department does not hold such information.

Chris Grayling

To ask the Secretary of State for Transport, Local Government and the Regions what discussions he has held with the Credit Rating Agency in relation to Railtrack. [9001]

Mr. Jamieson

My right hon. Friend has held no such discussions.

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