HC Deb 05 December 1983 vol 50 c37W
21. Mr. Hardy

asked the Secretary of State for Transport if he is satisfied with the present level of investment in railways.

Mr. David Mitchell

It is the railways board's responsibility to assess what investment is required to meet its business requirements. Schemes that are worthwhile and soundly based will have our full support.

Mr. Flannery

asked the Secretary of State for Transport if he has yet discussed with the chairman of British Rail the level of investment for the next financial year; and if he will make a statement.

Mr. Ridley

I frequently discuss investment matters with the chairman and the EFL for 1984–85 has been set at a level which I believe is acceptable to the board.