HC Deb 21 July 1964 vol 699 c63W
Sir W. Bromley-Davenport

asked the Minister of Transport what was the total amount provided by way of loan or grant to provide for the losses of British Railways since nationalisation took place.

Mr. Marples

Advances made to the British Transport Commission by the Government towards its revenue deficits for the years 1948 to 1962 inclusive comprised £302 million loans and £392 million grants. Since 1st January, 1963, £194 million grants have been made to the British Railways Board on account of deficits for the years 1963 and 1964 to date.

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