§ Miss Quennell
asked the Secretary of State for the Environment what proportion of the gross domestic product he estimates will be absorbed by the cost of the Channel Tunnel; and if he will set out the estimate as an annual table covering the tunnel's construction.
§ Mr. Peyton
The United Kingdom share of the cost of the Channel Tunnel is estimated at some 0.04 per cent. of gross domestic product over the period 1973 to 1980. The annual break-down is given in the table below:
Percentage of GDP 1973 .005 1974 .010 1975 .031 1976 .039 1977 .088 1978 .085 1979 .059 1980 .014