§ 25. Mr. Cryerasked the Secretary of State for Transport if he will make a statement on the current level of investment in track, viaducts, and underbridges on British Rail.
§ Mr. EyreDecisions on the appropriate level of expenditure on investment, within the resources available to them, are for the British Railways Board. But I am pleased that they have decided to lift the investment moratorium which they imposed last year and that they now foresee the opportunity for an increase in infrastructure investment. In recognition of the need to provide funds for expenditure on necessary renewal and replacement of infrastructure we specially earmarked a part of the PSO Grant for this purpose in 1982, and propose to do so again in 1983. In 1982 we allowed £177 million for this purpose, I understand that British Rail have not spent all of this.