§ Mr. SwinneyTo ask the Secretary of State for the Environment, Transport and the Regions if he will list the public funding given to(a) London Underground and (b) the London Docklands Development Corporation in each of the last 15 years. [30140]
§ Ms Glenda JacksonGovernment funding is provided to London Transport, rather than its constituent businesses. The distribution of grant by LT between London Underground Limited and its other businesses is a matter for LT, subject to some grant being ringfenced by the Government for certain purposes. Total public652W funding in 1997–98 prices provided to London Transport and the London Docklands Development Corporation in each of the last 15 years is shown in the table.
Government Grant (£ million constant 1997–98 prices1 Year London Transport London Docklands Development Corporation2 1983–84 3636 117 1984–85 599 104 1985–86 543 90 1986–87 481 106 1987–88 314 128 1988–89 245 169 1989–90 336 347 1990–91 608 418 1991–92 678 293 1992–93 1,000 273 1993–94 763 147 1994–95 4852 108 1995–96 954 107 1996–97 969 77 1997–985 759 92 1 These figures are different from those previously announced because cash figures have been converted to constant prices using the latest HM Treasury GDP deflators, published in November 1997. 2 LDDC acquired Docklands Light Railway on 1 April 1992. Figures include-grant-in-aid-for the Docklands Light Railway from 1992–93 onwards. 3 London Transport figure refers to calendar year 1983. 4 In addition to grant, LT benefitted in 1994–95 from £144 million (1997–98 prices) proceeds from the sale of London Buses Limited subsidiaries. 5 London Transport figure is a forecast out-turn which does not take account of possible carry-forward of grant to 1998–99 of up to £ 129.5m.