§ Mr. Goldingasked the Secretary of State for the Environment what target percentage return on capital has been set for British Rail for the present year; and how that target has been calculated.
§ Mr. PeytonI have set the British Railways Board the target of earning £17 million in 1971 over and above interest on capital and historic depreciation. It is based on estimates of trading results and the need to make provision for replacement of assets.