§ Mr. David Priceasked the Secretary of State for the Environment when he expects the accounts and annual report for 1975 of the National Freight Corporation will be presented to Parliament; when he will be in a position to amplify the suggestion on page 65 of the Public Expenditure Blue Book (Command Paper No. 6393) that "temporary support" will be needed for the National Freight Corporation; and if he will make a statement.
§ Dr. GilbertIt is expected that the 1975 annual report and accounts of the National Freight Corporation will be published in early May. As regards the612W "temporary support" needed, I would refer the hon. Member to the reply given to my hon. Friend the Member for Carlisle (Mr. Lewis) on 21st January 1976.—[Vol. 903, c. 455.]
§ Mr. David Priceasked the Secretary of State for the Environment how he intends to raise the £38 million a year for capital expenditure by the National Freight Corporation for each of the next five years, as laid down in table 2.5 of the Public Expenditure Blue Book (Command Paper No. 6393); how he intends the National Freight Corporation should service substantial injections of extra capital, in view of its current trading losses; and if he will make a statement.
§ Dr. GilbertI would ask the hon. Member to await the outcome of the review of the Corporation's finances announced in my reply to my hon. Friend the Member for Carlisle (Mr. Lewis) on 21st January 1976.—[Vol. 903, c. 455.]