Railways

Lord Young of Cookham Excerpts

Wednesday 9th September 2020 Lords Chamber

[Baroness Vere of Norbiton (Con)]

My Lords, Network Rail is of course extremely conscious of the changes to our climate and the impact that that might have on infrastructure. The dreadful event that happened at Stonehaven is an ongoing incident and it is being investigated by the RAIB, the ORR and the BTP. We cannot make further detailed comment or speculate at this time, but those investigations continue, and the causes of the accident will be investigated fully.

[Lord Young of Cookham (Con)]

My Lords, can my noble friend give an assurance that any future plans for the railways will not return us to a state-owned monopoly—as has been advocated by some—but keep the franchising principle? This has brought new operators, new ideas and new capital into the railways, and enables the Government to get the best deal for travellers and the taxpayer by the competitive tendering process.

[Baroness Vere of Norbiton (Con)]

I pay great tribute to my noble friend and his time as Transport Secretary. I had the opportunity to go back and look at some of his words in Hansard from when he was Transport Secretary—I think it was 1995 to 1997. There were also some interesting photographs, which noble Lords might want to have a look at, at some stage. My noble friend is absolutely right that we must retain the benefits of private sector involvement in the railways. That is at the heart of how we can make sure that our railways are as effective as possible. Of course, Keith Williams has looked at all these issues and very much recognises that point. The new model that we are developing will ensure that the railway benefits from all that the private sector has to offer in innovation, customer centricity, investment and so on.