Question to the Department for Transport:
To ask the Secretary of State for Transport, what estimate he has made of the value of London Midland's rolling stock contract with Angel Trains after the direct award of the franchise for the period September 2015 to June 2017.
Negotiations for the direct award of the West Midlands franchise are yet to commence and the Department has not made any estimate on the value of London Midland's contract with Angel Trains. It should be noted that the value of rolling stock contracts are a commercial matter between the operator and the rolling stock owner.