§ 68. Mr. Warbeyasked the Minister of Transport what are the current annual interest charges payable in respect of capital investment in public highways and public railways, respectively, distinguishing between charges on new investment and on historic investment and showing by whom and to whom the charges are payable.
§ Mr. GalbraithInformation in the form specified is not available, but statistical returns received from local authorities in England and Wales show that in 1962–63 they paid about £5.8 million interest on loans for highway purposes. The interest payable by the British Railways Board for the year 1963 was approximately £60 million, including a provisional amount of £47.3 million payable to the Exchequer and about £12 million on railway savings bank and pension fund deposits, but these figures include charges in respect of rolling stock.