HC Deb 24 July 1957 vol 574 c54W
57. Mr. Ernest Davies

asked the Minister of Transport and Civil Aviation to what extent the estimated cost of£1,200 millions for the British Railways modernisation programme is now expected to be exceeded in view of the subsequent rise in the general level of prices.

Mr. Watkinson

The British Transport Commission is now reassessing the cost of the programme to take account of the fact that it is ahead of the original schedule and that recent major technical decisions have altered its scope.

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