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Lord Hendy of Richmond Hill (Lab)

Speaking in the House of Lords on 21 October 2025

Debate

Great British Railways: Rolling Stock

Contribution

The Government’s policy is to continue to use the private sector to supply rolling stock to the British railway market. That has been quite clear since the manifesto before the election and nothing has changed. I think it is likely that the cost of rolling stock will be better than it has been, simply because the life of the rolling stock has been uncertain, but not sufficiently to diminish the risk taken by those companies, which is why they exist and why they should make a profit.

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