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East Coast Railway Line

Volume 503: debated on Thursday 7 January 2010

To ask the Minister of State, Department for Transport whether his Department intends to make an assessment of the likely effect on public finances of retaining the East Coast Main Line in the public sector. (309323)

When rail franchises are let, the Department for Transport routinely prepares a “shadow bid” to provide a detailed estimate of the likely costs and revenues of the new franchise. In the case of the next Inter City East Coast franchise, this evaluation will be based on the costs and revenues of the current public sector train operator.