Question to the Department for Transport:

To ask the Secretary of State for Transport, what estimate he has made of the level of debt held by Network Rail as of 20 November 2023.

Network Rail discloses its net debt position annually as part of the overall company results and detailed financial reporting in its annual report and accounts. As reported in the Network Rail annual report and accounts for the financial year 22/23, Network Rail’s net debt was £59,058m.