To ask Her Majesty's Government why they transferred ownership of the former Eurostar terminal at Waterloo station to BRB (Residuary) Ltd rather than to Network Rail; and whether it will be disposed of for property redevelopment rather than to provide extra platforms for domestic train services into Waterloo station. [HL380]
To ask Her Majesty's Government whether, if the former Eurostar terminal at Waterloo station is used as platforms for domestic services, its owner BRB (Residuary) Ltd will become a station operator. [HL381]
Under the terms of the wider funding agreement for High Speed 1, the terminal transferred to the Secretary of State rather than Network Rail. BRB (Residuary) Ltd took ownership of the facility on behalf of the Secretary of State.
It is the Government’s intention that the former Eurostar terminal at Waterloo is used to provide increased capacity for domestic passengers. The Department for Transport is in discussion with Network Rail and Stagecoach South West Trains to establish what would be the most cost-effective way to integrate Waterloo International terminal into the domestic station that maximises benefits for the short, medium and long term. This includes the issue of the station's ownership and operation.