§ Mr. John Mooreasked the Secretary of State for the Environment how much capital investment has been undertaken by British Rail in each year from 1960 to 1975 inclusive.
§ Dr. GilbertBritish Rail has provided the following figures:
149W
£ million 1960 133.6 1961 118.3 1962 93.4 1963 90.5 1964 100.7 1965 113.7 1966 102.7 1967 85.6 1968 78.9 1969 63.5 1970 79.2 1971 92.6 1972 109.4 1973 123.0 1974 154.5 1975 210.0 (estimated) The figures are at outturn prices and include capital investment in the rail business and the rail ancilliaries. With the introduction of transport supplementary grant, new investment financed by PTEs was excluded from the BR investment ceiling, so that the figure for 1975 is not stricly comparable to the earlier years.