§ Mr. Fryasked the Secretary of State for Transport whether, before he approved the British Rail application for the £8 million Bedford-Moorgate electrification scheme, a cost benefit analysis or discounted cash flow analysis of the scheme was considered; and, if so, whether he will publish the analysis.
§ Mr. William RodgersThe Bedford-Moorgate electrification scheme was subjected to both financial and cost-benefit analysis by the Railways Board and these studies were carefully considered before I gave approval to go ahead with the scheme.
As to publication of the board's analysis, I refer the hon. Member to my reply to my hon. Friend the Member for Newham, South (Mr. Spearing) on 1st December 1976.—[Vol. 921, c. 195.]