Network Rail: Property

(asked on 21st May 2019) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, how much of the £1.46 billion generated by Network Rail's property sale was used to (a) fund rail upgrades and (b) cover a funding shortfall in the budget between 2014 and 2019.


Answered by
Andrew Jones Portrait
Andrew Jones
This question was answered on 23rd May 2019

All the proceeds from the sale were retained by Network Rail and reinvested into the rail network. The sale helped fund major improvements for the benefit of passengers, taxpayers and the wider UK economy.

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