Capital Expenditure (Hansard, 29 June 1962)

§ Mr. W. R. Williams
asked the Postmaster-General what is the target for the rate of growth in the number of telephones for the next five years.

§ Mr. Bevins:
My present plans for capital exenditure include provision for an average rate of growth in the number of telephones of 5 per cent, per annum over the next five years.

§ Mr. W. R. Williams
asked the Postmaster-General what is the estimated capital expenditure on trunk and junction circuits, local lines, subscriber's circuits, exchange equipment, inland telegraph equipment and overseas services, respectively, in the years 1962–63, 1963–64, 1964–65 and 1965–66, respectively.

§ Mr. Bevins:
My present plans for capital expenditure include the following:

—— 1962–1963 1963–1964 1964–1965 1965–1966

£m. £m. £m. £m.

Trunk and junction circuits 20 23 25 25

Local lines 24 29 34 36

Subscribers' circuits 28 31 36 39

Exchange equipment 24 28 32 34

Inland telegraph equipment 3 3 3 3

Overseas services 6 6 4 4

The figures for 1964–65 and 1965–66 form part of public investment programmes which have still to be approved by the Government.

——	1962–1963	1963–1964	1964–1965	1965–1966
	£m.	£m.	£m.	£m.
Trunk and junction circuits	20	23	25	25
Local lines	24	29	34	36
Subscribers' circuits	28	31	36	39
Exchange equipment	24	28	32	34
Inland telegraph equipment	3	3	3	3
Overseas services	6	6	4	4
The figures for 1964–65 and 1965–66 form part of public investment programmes which have still to be approved by the Government.