HC Deb 15 July 2002 vol 389 c17W
Chris Grayling

To ask the Secretary of State for Transport, pursuant to the answer of 10 July 2002,Official Report, column 984W, on what basis the details of the notification to the European Commission are confidential. [70082]

Mr. Jamieson

Details of the notifications of potential state aid are confidential between the Commission and the member state. But once the Commission has reached a decision, it issues a letter and this is published on the Commission's web page, though the member state to whom the letter is addressed can request that any commercially sensitive information is removed from the letter before publication.

Chris Grayling

To ask the Secretary of State for Transport, pursuant to his answer of 10 July 2002,Official Report, column 984W, what is the total amount of public sector grant to Network Rail which will be securitised; and what funding guarantees will be required to secure such a securitisation. [70081]

Mr. Jamieson

This will be a matter for Network Rail to take a judgment upon based on future discussions with potential lenders.