HC Deb 03 February 1960 vol 616 c138W
73. Mr. Benn

asked the Minister of Transport how much the Victoria—Walthamstow underground railway is expected to cost the British Transport Commission; and what rates of interest will be charged on the money loaned for this purpose.

Mr. Marples

The estimated cost of the Victoria Line is £55 million. The interest rates would depend on the rates prevailing at the time of borrowing.

Mr. Biggs-Davison

asked the Minister of Transport what consideration has been given by his Department to the report of the London Travel Committee on the proposed Victoria Line; and whether he will make a statement.

Mr. Marples

I have at present nothing to add to the reply I gave to the hon. Member for Islington, East on 27th January.