Mr. RonDavies asked the Secretary of State for Transport if he will estimate British Rail's expenditure on new rolling stock in the current year and for 1987–88.
§ Mr. David MitchellBR is investing substantially in new rolling stock. We have approved investment in 1,681530W new passenger vehicles worth some £464 million (in 1986–87 prices) in the last three years alone. BR estimates that it will spent over £70 million on locomotives and rolling stock in 1986–87. The spread of expenditure between future years is a matter for BR.