Oral QuestionDepartment for Transport

What assessment she has made of the potential merits of using alternative funding models to purchase rolling stock.

Tabled: 6 February 2025Answered: 13 February 2025

Asked by

Graham Leadbitter

Scottish National PartyMoray West, Nairn and Strathspey

Answering Minister

the Secretary of State for Transport

Answer from Hansard

The Secretary of State for Transport (Heidi Alexander)

As part of our reforms to the railway, we have set out that we will continue to lease rolling stock when we take contracts into public ownership, but we will apply a single directing mind approach to eliminate barriers to sharing rolling stock better across the network. We will consider the best funding and financing structures for future orders and contracts in partnership with private capital.