Graham Leadbitter

Graham Leadbitter

Scottish National Party — Moray West, Nairn and Strathspey

Speaking in the House of Commons on 13 February 2025

Debate

Rolling Stock: Purchasing Models

Contribution

At the moment, the rolling stock leasing companies take more than £1 billion of profit out of the railway. A substantial amount of that could be reinvested in improving the railway network. With the Bill for Great British Railways due to come to Parliament soon, will the Secretary of State look seriously at alternative financing models such as EUROFIMA—the European company for the financing of railroad rolling stock—or even a publicly owned ROSCO that could deliver rolling stock at a considerably lower price? Indeed, will she be more socialist and more ambitious with the Bill?

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