§ Chris GraylingTo ask the Secretary of State for Transport, Local Government and the Regions (1) if he will list the people working on the development of a company limited by guarantee to bid for Railtrack; [30234]
(2) what professional advisers have been recruited to advise the team developing the company limited by guarantee to bid for Railtrack; and on what terms. [30233]
§ Mr. JamiesonThe Strategic Rail Authority (SRA) is funding the bid costs of CLG team and their advisers. These include Ian McAllister, Adrian Montague and Iain Coucher, UBS Warburg, Linklaters and Alliance, Jarvis Rail and Arup. The bid team will draw on other expertise and advice as it deems necessary.
377W
§ Mr. John TaylorTo ask the Secretary of State for Transport, Local Government and the Regions if he will make a statement on compensation for Railtrack shareholders, indicating how much compensation will be paid and when payment will be made. [34430]
§ Mr. SpellarI refer the hon. Member to the answer given on 30 January 2002 to the hon. Member for South-West Hertfordshire (Mr. Page),Official Report, columns 320–21W. The timing of any payment would form part of the arrangements for ending administration.
§ Chris GraylingTo ask the Secretary of State for Transport, Local Government and the Regions whether it is his policy that Railtrack and its successor will have to operate within existing budgets established for Control Period 2. [35797]
§ Mr. JamiesonI refer the hon. Member to the reply given to him by my right hon. Friend the Minister for Transport on 23 January 2002,Official Report, column 861W.