§ 62. Mr. Hector Hughesasked the Minister of Transport what is his latest estimate of the extent of national funds to be spent on the proposed Channel Tunnel and/or Bridge; and if he will now stop this expenditure and so save national funds.
§ Mr. MarshThe bulk of the finance needed to build the Channel Tunnel would be raised in the private sector here and abroad. The exact proportions would depend upon the outcome of the financial talks now in progress and the state of the money markets at the time it was raised. Major expenditure would not be incurred before 1970–71.