§ 35. Mr. MerchantTo ask the Secretary of State for the Environment, Transport and the Regions how he proposes to increase the use of the private finance initiative on the London Underground. [9383]
§ Ms Glenda JacksonWe support use of private finance to improve the underground through projects like the proposed power PFI deal. We are determined to attract more private finance to tackle the investment backlog in the underground's key assets, such as track, signalling and civil engineering structures. That is why we are reviewing public-private partnership options for the underground as a matter of urgency.
§ 49. Mrs. GormanTo ask the Secretary of State for the Environment, Transport and the Regions if he will make a statement on the progress of private investment in London Underground. [9399]
§ Ms JacksonLondon Underground is negotiating two PFI contracts—power and prestige—and awaiting bids for a third—connect. London Underground is also developing proposals for a number of other PFI projects. The Government are also considering public-private partnership options for London Underground as a matter of urgency.
§ Mr. CollinsTo ask the Secretary of State for the Environment, Transport and the Regions how much funding at current prices the Government provided to London Underground in each year since 1979. [11297]
§ Ms JacksonGovernment funding is provided to London Transport, rather than its constituent businesses. The distribution of grant by LT between London Underground Ltd. and its other businesses is a matter for LT, subject to the ring fencing of support for Jubilee line extension. Total annual grant in constant 1997–98 prices provided to London Transport since 1979 is shown in the table.
195W
Grant to London Transport since 1979 (1997–98 prices) Year Total grant £ million 1979 396 1980 493 1981 447 1982 602 1983 629 1984–85 592 1985–96 536 1986–87 475 1987–88 310 1988–89 242 1989–90 332 1990–91 600 1991–92 669 1992–93 988 1993–94 754 1994–95 840 1995–96 943 1996–97 963 1997–981 759 1 Estimated outturn. The table excludes Docklands light railway grant, but from 1996–97 onwards it includes Croydon tramlink grant.