HC Deb 10 March 1972 vol 832 cc409-10W
Mr. Roper

asked the Secretary of State for the Environment if he will publish the formula arrived at for his Department by Cooper Brothers for the calculation of grants for unremunerative railway lines.

Mr Peyton

The costs calculated for each grant-aided passenger service consist of its specific operating costs, provision for the long-term replacement and renewal of assets, interest on capital, an allocation according to usage of the costs of facilities and overheads used jointly with other services, and an appropriate share of administration cost. The revenue is that directly attributable to travel on the service itself. The balance is the deficit which is met by grant.