§ Mr. Juddasked the Minister of Power what has been the level of capital investment in the Southern Electricity Board during each of the past five years; and what it is estimated it will be in each of the next five years.
§ Mr. FreesonThe figures are as follows:
£ million 1962–63 … … … 13.16 1963–64 … … … 15.43 1964–65 … … … 18.22 1965–66 … … … 20.51 1966–67 … … … 20.89 Expenditure on capital investment in 1967–68 is estimated to be£20.48 million and my right hon. Friend has approved a figure of£18.06 million for 1968–69. Expenditure in future years is subject to annual review based on the growth of electricity demand and other circumstances.