Network Rail
(asked on 16th June 2014) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, when he expects Network Rail to be officially re-classified as a public sector company.
This question was answered on 24th June 2014
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.