§ Miss Quennellasked the Secretary of State for the Environment whether, when agreeing to the closure of the Mid-Hampshire railway line, he satisfied himself that the figures of future earning power advanced by British Rail were accurate.
§ Mr. Peyton:Consideration of possible trends of future earnings showed that even on the most optimistic assumptions, these would not be likely to meet a very much higher proportion of cost than at present.
§ Miss Quennellasked the Secretary of State for the Environment in deciding to agree to the closure of the Mid-Hampshire railway line, what figures he took into account for the cost of future expenditure on the line.
§ Mr. PeytonAs indicated in my Department's decision letter, a longterm average of £135,000 a year, which takes account of £245,000 on renewals of track and telecommunication equipment in the years 1972-75.