L

Lord Harper (Con)

Speaking in the House of Lords on 8 September 2026

Debate

Railways Bill

Contribution

Before the Minister moves on, this might sound a very picky point, but it is quite important. On his point about joint ventures, he talked about the Government always having a majority stake and having control. Is a 50-50 joint venture possible? If you are a private company making an investment, there is a big difference between having a 50-50 equal partnership versus one where you are a minority shareholder. Would that be possible under the model that he set out and which is structured in the Bill?

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