Railway Stations

(asked on 23rd February 2016) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, which railway stations currently owned by Network Rail are being considered for potential sale or new concessions.


Answered by
 Portrait
Claire Perry
This question was answered on 26th February 2016

Network Rail is exploring new models for the management and ownership of its 18 managed stations with the goal of bringing improvements for both passengers and the communities they serve. They have engaged Citigroup as advisors to consider a range of potential options. No decisions have yet been taken and no estimate of the potential value of these stations has been made as part of this work. Citigroup were appointed following a competitive tender process, and the details of their fee are commercially confidential.

Network Rail expect that this work will be presented to their Board by the end of 2016.

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