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Railways: Rolling Stock

Volume 704: debated on Monday 27 October 2008

asked Her Majesty's Government:

Why, in its response to the Competition Commission's provisional findings in its rolling stock leasing market investigation, the Department for Transport is reported to have said that “changes to the franchising system do not provide a reliable or even remotely timely remedy” to the provision of new rolling stock for the railways. [HL5644]

The Department for Transport's response to the Competition Commission's provisional findings is available on the Commission's website at 2007/roscos/responses_provisionalfindings.htm and the remedies that relate to franchising are discussed fully in annex A, part 2. The quote (from paragraph 1.16 of this document) does not refer solely to new rolling stock.

The quote summarises the department's view of whether the provisional remedies suggested by the Competition Commission are likely to remedy the problems in the rolling stock market which the commission has identified for the older rolling stock on the rail network. New rolling stock is already on the way, with 1,300 new and additional rail vehicles planned by 2014 and over 400 already ordered.