§ Mr. YeoTo ask the Secretary of State for Transport what subsidies are paid to(a) Eurostar and (b) the Channel Tunnel Rail Link for the provision of their services; and where such subsidies are spent. [186765]
§ Mr. DarlingInformation requested is as follows:
- No subsidies are paid to Eurostar.
- Government are providing grant support for the Channel Tunnel Rail Link project which is estimated to total £2.0 billion in present value terms (discounted at 6 per cent. real to January 1997) to support the costs of construction of the link and the provision of capacity for domestic services. This figure does not include possible amounts which may be provided by way of loan support or recovered in respect of land rentals and proceeds from property developments.