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Strategic Rail Authority

Volume 405: debated on Thursday 22 May 2003

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To ask the Secretary of State for Transport what steps he is taking to achieve greater transparency in relation to the SRA's use of funds. [114820]

On 14 April 2003, my right hon. Friend the Secretary of State issued a revised SRA Financial Framework, setting rules governing the financial aspects of the Strategic Rail Authority's activities and transactions. My right hon. Friend will also shortly issue an accounts direction, which will direct the Authority to ensure that its annual accounts 2002–03 give a true and fair view of the income and expenditure and cash flows for the year. Finally, the Authority is statutorily required to produce an annual report including a section on accounts, copies of which are placed in the Libraries of the House.

To ask the Secretary of State for Transport if he will make a statement on the SRA's assumptions and plans for rail traffic and capacity growth in the next five years. [115247]

The Strategic Rail Authority's plans and priorities are set out in its Strategic Plan, published at the end of January, a copy of which is in the Library of the House.