§ 108. Mr. Sharpasked the Minister of Transport by how much the increase in railway revenue during the last three 19W months of 1947 falls short of his estimate of £15½ million; whether he has now revised his estimate of £65 million increased revenue for 1948; and what is the new figure.
§ Mr. BarnesThe figure for the yield in 1947, of the increases in charges brought into operation on 1st October, 1947, is not yet available but will be published in the White Paper showing the results of the Pool Account for 1947. The estimate of a yield of £65 million in 1948 was based on estimates of traffic receipts supplied by the railway companies. The total traffic receipts of British Railways for the first four weeks of 1948 have already been published, but I am not in a position to give my hon. Friend a fresh forecast of what the yield from increases in charges will amount to over the whole year.