Publicly-owned Sector (Hansard, 27 May 1966)

§ Mr. Peter Walker
asked the Minister of Transport if she will publish a table showing the financial results for the publicly-owned sector of the transport industry for each year since 1949, showing separately where possible the British Railways, railway hotels, railway docks, British Transport docks, publicly-owned road haulage companies, publicly-owned road passenger transport companies, travel and tourism companies, inland waterways, and publicly-owned shipping services.

§ Mr. John Morris
The following tables, which are derived from the published accounts of the British Transport Commission and its successor undertakings, give the breakdown as near as possible:
203W

1956 1957 1958 1959 1960 1961 1962

WORKING RESULTS £m £m £m £m £m £m £m

British Railways −16.5 −27.1 −48.1 −42.0 −67.7 −86.9 −104.0

Road Haulage: British Road Services 1.8 2.8 2.0 3.1 1.8 3.4 3.7

Road Passenger Services: Provincial and Scottish 5.3 5.0 6.0 6.6 6.5 6.2 6.5

London Transport Road Passenger Service 2.5 3.8 −0.8 4.0 5.4 4.0 5.0

London Transport Railways 2.0 1.9 2.6 2.0 2.4 3.7 3.0

Ships 1.8 1.9 2.3 3.9 3.9 3.9 4.3

Inland Waterways −0.5 −0.6 −0.8 −0.9 −0.7 −1o1 −1.1

Docks, Harbours and Wharves 2.5 2.4 2.2 2.8 3.6 4.1 3.7

Hotels and Catering. −0.2 0.1 −0.1 0.4 0.5 0.8 0.7

Letting of Land and Buildings not in operational use 3.3 3.2 4.0 4.7 5.0 5.3 5.4

Total 2.1 −6.5 −30.8 −15.4 −39.2 −56.6 −72.7

INCOME FROM SUBSIDIARY COMPANIES (including travel and tourism companies) 0.9 1.3 1.2 1.3 1.3 1.6 1.8

INCOME FROM NON-CONTROLLED UNDERTAKINGS 1.5 1.5 1.5 1.5 1.6 1.6 1.7

CENTRAL AND OTHER CHARGES(NET) 58.9 59.8 60.9 61.2 64.6 68.6 74.4

BALANCE FOR YEAR −54.4 −63.5 −89.0 −73.8 −100.9 −122.0 −143.6

Table II

INDEPENDENT UNDERTAKINGS

1963 1964

British Railways Board … £m. £m.

WORKING RESULTS

Railways (deficit) … 81.6 67.5

Ships … 4.7 5.1

Harbours … 0.2 0.2

Hotels … 0.9 1.2

Letting of land and buildings not in operational use … 2.3 2.3

WORKING DEFICIT … 73.5 58.7

OTHER EXPENDITURE LESS OTHER INCOME … 2.3 3.8

INTEREST … 58.1 58.4

DEFICIT FOR YEAR … 133.9 120.9

London Transport Board

NET TRAFFIC RECEIPTS

Buses and Coaches … 3.1 1.3

Railways … 2.4 3.6

… 5.5 4.9

OTHER RECEIPTS (NET) … 2.3 2.5

WORKING SURPLUS FOR YEAR … 7.8 7.3

INTEREST … 5.7 6.0

BALANCE OF REVENUE FOR YEAR … 2.1 1.3

British Transport Docks Board

Operating Surplus … 4.5 4.7

Interest Charges … 3.0 3.1

Balance of Net Revenue before Taxation … 1.5 1.6

Taxation Reserve … 0.8 0.9

Balance after Transfer to Taxation Reserve … 0.7 0.7

British Waterways Board

Working Deficit … 0.5 0.5

Central Charges including Interest … 1.0 1.0

Deficit for year … 1.5 1.5

204W 205W

1963 1964

£m £m

Transport Holding Company

PROFITS OF SUBSIDIARIES

Road haulage companies 4.7 7.3

Road passenger transport companies 6.7 7.4

Shipping Companies 0.7 0.5

Travel and tourism companies 1.4 1.7

Manufacturing companies — 0.3

13.5 17.2

Deduct:

Interest receipts (net) from Transport Holding Company and profits applicable to minority shareholders 1.2 1.6

12.3 15.6

INCOME FROM INVESTMENTS IN ASSOCIATED UNDERTAKINGS 1.4 1.5

INTEREST RECEIPTS, less payments, of Transport Holding Company(other than from or to Subsidiaries or to Minister of Transport) 0.2 0.6

13.9 17.7

Deduct:

Headquarters expenses of Transport Holding Company 0.1 0.2

CONSOLIDATED PROFITS 13.8 17.5

INTEREST PAYABLE TO MINISTER 3.8 3.8

TAXATION 3.6 5.1

REVENUE SURPLUS 6.4 8.6

§ Mr. Peter Walker
asked the Minister of Transport if she will give the total numbers employed in the publicly-owned sector of the transport industry for each year since 1948, and the latest figures

Year Total London Transport Board British Railways Board

1948 … … … 873,257 100,798 648,740

1949 … … … 894,791 99,623 624,528

1950 … … … 888,448 98,097 605,455

1951 … … … 888,073 99,279 599,890

1952 … … … 880,503 97,132 601,381

1953 … … … 865,443 94,605 593,768

1954 … … … 831,223 90,448 577,183

1955 … … … 801,199 86,795 563,040

1956 … … … 805,970 87,237 570,547

1957 … … … 806,277 86,644 573,499

1958 … … … 773,911 81,252 550,123

1959 … … … 735,535 77,356 518,863

1960 … … … 728,887 75,808 514,500

1961 … … … 713,810 76,007 500,434

1962 … … … 687,846 75,992 475,222

1963 … … … 677,244 74,039 464,286

1964 … … … 633,282 74,030 422,167

1965 … … … 597,730 73,514 387,663

1966 (up to end March.) … … … 588,639 72,926 379,356

206W
available for 1966, showing separately those employed in London Transport and British Railways.

§ Mr. John Morris
The following is the information:
207W

	1956	1957	1958	1959	1960	1961	1962
WORKING RESULTS	£m	£m	£m	£m	£m	£m	£m
British Railways	−16.5	−27.1	−48.1	−42.0	−67.7	−86.9	−104.0
Road Haulage: British Road Services	1.8	2.8	2.0	3.1	1.8	3.4	3.7
Road Passenger Services: Provincial and Scottish	5.3	5.0	6.0	6.6	6.5	6.2	6.5
London Transport Road Passenger Service	2.5	3.8	−0.8	4.0	5.4	4.0	5.0
London Transport Railways	2.0	1.9	2.6	2.0	2.4	3.7	3.0
Ships	1.8	1.9	2.3	3.9	3.9	3.9	4.3
Inland Waterways	−0.5	−0.6	−0.8	−0.9	−0.7	−1o1	−1.1
Docks, Harbours and Wharves	2.5	2.4	2.2	2.8	3.6	4.1	3.7
Hotels and Catering.	−0.2	0.1	−0.1	0.4	0.5	0.8	0.7
Letting of Land and Buildings not in operational use	3.3	3.2	4.0	4.7	5.0	5.3	5.4
Total	2.1	−6.5	−30.8	−15.4	−39.2	−56.6	−72.7
INCOME FROM SUBSIDIARY COMPANIES (including travel and tourism companies)	0.9	1.3	1.2	1.3	1.3	1.6	1.8
INCOME FROM NON-CONTROLLED UNDERTAKINGS	1.5	1.5	1.5	1.5	1.6	1.6	1.7
CENTRAL AND OTHER CHARGES(NET)	58.9	59.8	60.9	61.2	64.6	68.6	74.4
BALANCE FOR YEAR	−54.4	−63.5	−89.0	−73.8	−100.9	−122.0	−143.6

Table II
INDEPENDENT UNDERTAKINGS
		1963	1964
British Railways Board	…	£m.	£m.
WORKING RESULTS
Railways (deficit)	…	81.6	67.5
Ships	…	4.7	5.1
Harbours	…	0.2	0.2
Hotels	…	0.9	1.2
Letting of land and buildings not in operational use	…	2.3	2.3
WORKING DEFICIT	…	73.5	58.7
OTHER EXPENDITURE LESS OTHER INCOME	…	2.3	3.8
INTEREST	…	58.1	58.4
DEFICIT FOR YEAR	…	133.9	120.9
London Transport Board
NET TRAFFIC RECEIPTS
Buses and Coaches	…	3.1	1.3
Railways	…	2.4	3.6
	…	5.5	4.9
OTHER RECEIPTS (NET)	…	2.3	2.5
WORKING SURPLUS FOR YEAR	…	7.8	7.3
INTEREST	…	5.7	6.0
BALANCE OF REVENUE FOR YEAR	…	2.1	1.3
British Transport Docks Board
Operating Surplus	…	4.5	4.7
Interest Charges	…	3.0	3.1
Balance of Net Revenue before Taxation	…	1.5	1.6
Taxation Reserve	…	0.8	0.9
Balance after Transfer to Taxation Reserve	…	0.7	0.7
British Waterways Board
Working Deficit	…	0.5	0.5
Central Charges including Interest	…	1.0	1.0
Deficit for year	…	1.5	1.5

	1963	1964
	£m	£m
Transport Holding Company
PROFITS OF SUBSIDIARIES
Road haulage companies	4.7	7.3
Road passenger transport companies	6.7	7.4
Shipping Companies	0.7	0.5
Travel and tourism companies	1.4	1.7
Manufacturing companies	—	0.3
	13.5	17.2
Deduct:
Interest receipts (net) from Transport Holding Company and profits applicable to minority shareholders	1.2	1.6
	12.3	15.6
INCOME FROM INVESTMENTS IN ASSOCIATED UNDERTAKINGS	1.4	1.5
INTEREST RECEIPTS, less payments, of Transport Holding Company(other than from or to Subsidiaries or to Minister of Transport)	0.2	0.6
	13.9	17.7
Deduct:
Headquarters expenses of Transport Holding Company	0.1	0.2
CONSOLIDATED PROFITS	13.8	17.5
INTEREST PAYABLE TO MINISTER	3.8	3.8
TAXATION	3.6	5.1
REVENUE SURPLUS	6.4	8.6

Year				Total	London Transport Board	British Railways Board
1948	…	…	…	873,257	100,798	648,740
1949	…	…	…	894,791	99,623	624,528
1950	…	…	…	888,448	98,097	605,455
1951	…	…	…	888,073	99,279	599,890
1952	…	…	…	880,503	97,132	601,381
1953	…	…	…	865,443	94,605	593,768
1954	…	…	…	831,223	90,448	577,183
1955	…	…	…	801,199	86,795	563,040
1956	…	…	…	805,970	87,237	570,547
1957	…	…	…	806,277	86,644	573,499
1958	…	…	…	773,911	81,252	550,123
1959	…	…	…	735,535	77,356	518,863
1960	…	…	…	728,887	75,808	514,500
1961	…	…	…	713,810	76,007	500,434
1962	…	…	…	687,846	75,992	475,222
1963	…	…	…	677,244	74,039	464,286
1964	…	…	…	633,282	74,030	422,167
1965	…	…	…	597,730	73,514	387,663
1966 (up to end March.)	…	…	…	588,639	72,926	379,356