Written Question·Department for Transport·UIN 114711

Rolling Stock: Leasing

Tabled: 20 February 2026
Answered: 2 March 2026

Question

Alex Ballinger

LabourHalesowen

To ask the Secretary of State for Transport, what assessment she has made of the potential merits of bringing train leasing companies into public ownership, including to achieve a fair price for leasing rolling stock.

Answer

Keir Mather
Rolling stock companies own and lease trains and carriages worth billions of pounds. It would not be responsible for the Government to take on the cost of renationalising all the rolling stock at the present time, as there are other urgent pressures on th...

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