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Network Rail: Finance

Question for Department for Transport

UIN 30249, tabled on 8 March 2016

To ask the Secretary of State for Transport, with reference to page 67 of Network Rail Infrastructure Ltd's Regulatory Financial Statements for the year ended 31 March 2015, what assessment his Department has made of the potential effect of Network Rail's reduction in insurance cover on that company's finances.

Answered on

11 March 2016

My Department has not made an assessment of the effect of this decision. It is for Network Rail to ensure the right approach to its insurance cover to provide value for money, in line with Managing Public Money guidance.

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