§ Mr. Prescottasked the Secretary of State for Transport what were the losses or profits for the British Transport Hotels group for each of the last five years.
§ Mr. Fowler[pursuant to his reply, 11 May 1981]: The operating results, before interest, of British Transport Hotels Ltd. for the last five years, and the net cash outflow from the Railways Board to the company in the same period were:
1976 £m 1977 £m 1978 £m 1979 £m 1980 £m Profit/Loss 0.7 1.5 1.0 0.3 (0.3) Net cash outflow from the Board 0.6 0.6 2.6 2.9 3.1 Rail catering, which is managed by British Transport Hotels on behalf of the rail passenger business is not included in these figures but last year lost £6.2 million.