HC Deb 22 July 1985 vol 83 c437W
39. Mr. Roger King

asked the Secretary of State for Transport what is the total authorised level of investment for British Rail over the next five years; and how this compares with the period 1974 to 1979.

Mr. David Mitchell

The British Railways Board's 1984 corporate plan includes a five-year investment programme from 1985–86 worth £2.2 billion (at 1984–85 prices). Individual schemes are authorised as they reach an appropriate stage. During the five years from 1974 to 1978 inclusive, BRB invested £903 million, which is equivalent to £2.08 billion at 1984–85 prices.

Mr. Parry

asked the Secretary of State for Transport when he next expects to meet the chairman of British Rail to discuss future investment.

Mr. David Mitchell

I frequently meet the chairman of British Rail to discuss matters of mutual interest.