Lilian Greenwood – 2016 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Lilian Greenwood on 2016-03-08.

To ask the Secretary of State for Transport, with reference to page 67 of Network Rail Infrastructure Ltd’s Regulatory Financial Statements for the year ended 31 March 2015, what assessment his Department has made of the potential effect of Network Rail’s reduction in insurance cover on that company’s finances.

Claire Perry

My Department has not made an assessment of the effect of this decision. It is for Network Rail to ensure the right approach to its insurance cover to provide value for money, in line with Managing Public Money guidance.