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Volume 463: debated on Monday 23 July 2007

To ask the Secretary of State for Transport what estimate her Department has made of the public financial liabilities which may arise from Metronet going into administration. (151818)

Transport for London and London Underground are in discussions with PPP administrators to identify the best long term financial outcome resulting from the administration of Metronet’s activities. It would be premature to comment on any liabilities while those discussions are still in their early stages.