HC Deb 15 March 1965 vol 708 cc219-20W
Mr. Powell

asked the Minister of Transport why the provision required for the 1964 deficit of the British Railways Board increased from £2 million to £2.9 million between the publication of House of Commons Paper No. 95 and House of Commons Paper No. 117.

Mr. Tom Fraser

The Railways Board cannot make a precise estimate of its revenue deficit for some weeks after the end of the year. The estimate on which the figure of £2 million was based had to be made in mid-January and has proved to be too low.

Forward to