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Waterways

Volume 716: debated on Thursday 14 January 2010

Question

Asked by

To ask Her Majesty's Government further to the Written Answer by Lord Davies of Oldham on 7 December 2009 (WA 104), whether any assessment has been made of the prospects of disposing of substantial assets of British Waterways; and, if so, whether the results of such an assessment will be made available for public comment. [HL1167]

The Government's position on British Waterways’ (BW) non-operational property assets is set out in the Government's asset portfolio. This was published on 7 December 2009 alongside the Smarter Government White Paper. The Government currently have no plans to dispose of BWs' non-operational assets. However, the Government recognise that there may be benefits in considering alternative structures for BWs' business as a whole, including its property portfolio, such as mutual or third sector structures. Under any scenario, ensuring the continued maintenance and protection of the waterways will continue to be an important objective for the Government.