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1124328
star this property registered interest false more like this
star this property date less than 2019-05-01more like thismore than 2019-05-01
star this property answering body
Department for Transport more like this
star this property answering dept id 27 more like this
unstar this property answering dept short name Transport more like this
unstar this property answering dept sort name Transport more like this
star this property hansard heading Abellio Group and Arriva more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Transport, pursuant to the Answer of 10 April 2019 to Question 243472 on Abellio Group, what assurances his Department has received from owning groups (a) Abellio and (b) Arriva that any sale of their UK government rail contracts will ensure future owners have the capacity to honour all commitments including parent company guarantees and performance bonds. more like this
star this property tabling member constituency Middlesbrough more like this
star this property tabling member printed
Andy McDonald more like this
star this property uin 250026 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-05-13more like thismore than 2019-05-13
unstar this property answer text <p>The ‘Change of Control’ provisions in the Franchise Agreement give the Secretary of State unlimited right to reject any sale of a franchise such as those owned by Abellio and Arriva. In deciding whether to approve such a sale, the Secretary of State would consider the arrangements in place for securing the same or improved parent company guarantees and performance bond arrangements as currently exist. This consideration would include the financial standing of the new owning group and other elements of their capacity to honour existing commitments.</p> more like this
star this property answering member constituency Harrogate and Knaresborough remove filter
star this property answering member printed Andrew Jones more like this
star this property question first answered
remove filter
star this property answering member
3996
star this property label Biography information for Andrew Jones more like this
star this property tabling member
4269
unstar this property label Biography information for Andy McDonald more like this