§ Mr. Gwynfor Evansasked the Minister of Transport what was the average financial loss per route mile incurred on railways in 1968–69, and how much of this was attributable to interest liability.
§ Mr. MarshIn 1968, the latest year for which information is available, the average financial loss per route mile on British Railways was £11,700 of which about £5,100 was attributable to interest. Under Section 42 of the Transport Act, 1968, the Board have now been relieved of a substantial part of this interest liability from 1st January 1969. These highly averaged figures of course give no indication of the profitability of individual services.