§ Mr. Brian Parkynasked the Postmaster-General how much money has been spent by the Post Office in each of the past three years in advertising the use of Telex facilities.
§ Mr. Joseph Slater—
1965–66 … … £8,288 1966–67 … … £23,975 1967–68 … … £22,029
§ Mr. Brian Parkynasked the Postmaster-General (1) how much money has been spent by the Post Office in each of the last three years in expanding the Telex service;
(2) what profit was made on the Telex service during the last year for which figures are available; and what this figure represents as a percentage on invested capital.
362W
§ Mr. StonehouseCapital expenditure on Telex during each of the past three financial years has been as follows:—
1965–66 … … £1.7 million 1966–67 … … £2.0 million 1967–68 … … £2.1 million During the 1967-68 financial year the profit from Telex, Inland and Overseas, amounted to £7. 9 million. This represented return on capital of 28 per cent.