HC Deb 21 July 1988 vol 137 c773W
Mrs. Dunwoody

To ask the Secretary of State for Transport what information he has about British Rail's intentions with regard to reinvesting the £290 million operating surplus for 1987–88.

Mr. David Mitchell

British Rail's 1988 corporate plan, which was published on 19 July, forecasts investment of approximately £3.8 billion (at 1988–89 prices) over the next five years. This investment is in a variety of projects including new locomotives, new rolling stock, electrification, signalling modernisation, and so on.