HL Deb 18 June 2002 vol 636 c82WA
Lord Stoddart of Swindon

asked Her Majesty's Government:

Futher to the Written Answer by Lord Falconer of Thoroton on 21 May (WA 89), whether they will now consider introducing legislation with a view to the re-nationalisation of Railtrack and the payment of fair compensation to shareholders of the company [HL4546]

Lord Macdonald of Tradeston

I refer the noble Lord to the Answer given by my noble and learned friend Lord Falconer on 21 May (WA 89). Shareholders will receive the value in the company to which they are entitled. The Government have no plans to pay compensation to shareholders of Railtrack.

Lord Tebbit

asked Her Majesty's Government:

Further to the Written Answer by Lord Falconer of Thoroton on 21 May (WA 89), whether the special railway administrators are the ultimate controlling party of Railtrack plc. [HL4604]

Lord Macdonald of Tradeston

There is nothing further I can add to the reply given to the noble Lord by my noble and learned friend Lord Falconer of Thoroton on 21 May (WA 89).