HC Deb 17 March 1958 vol 584 cc109-10W
Mr. Ernest Davies

asked the Minister of Transport and Civil Aviation what rate of interest he has directed the British Transport Commission to pay on advances so far made under Section 2 (1)

ing Officer of Railways on Accidents which occurred on the Railways of Great Britain, copies of which are in the Library.

The fatality figures year by year bear no relation to the accident figures. The total number of accidents in the ten years since nationalisation has been rather less than in the ten comparable years before nationalisation, but the post-nationalisation passenger fatality figure is considerably greater because of the collisions at Harrow in 1952 and at Lewisham in 1957.

of the Transport (Railway Finances) Act, 1957.

Mr. Watkinson

I have issued a direction that interest on the advances made during the year ended 31st March, 1957, should be at the rate of 5 per cent.

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