Speeches

John McDonnell – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by John McDonnell on 2014-06-16.

To ask Mr Chancellor of the Exchequer, when he expects Network Rail to be officially re-classified as a public sector company.

Danny Alexander

On 17 December 2013, the Office for National Statistics (ONS) announced that Network Rail will be classified as a central government body in the public sector. This is an independent statistical decision taken by the Office for National Statistics in light of the European System of National Accounts 2010 (ESA10) manual from Eurostat. The reclassification will be effective from 1 September 2014 when ESA10 comes into force across the European Union.