HC Deb 30 January 1987 vol 109 c435W
Sir Fergus Montgomery

asked the Secretary of State for Transport if he will make a statement about the external financing limits for British Rail and the Civil Aviation Authority for the current financial year.

Mr. Moore

The external financing limits of BR and CAA for 1986–87 have been revised. BR's EFL has been increased by £13 million to £784 million to £784 million to accommodate additional expenditure associated with restructuring British Rail Engineering Limited. CAA's EFL has been reduced by £5 million to £9 million, as currency fluctuations will lead to higher proceeds fom its en-route navigation charges in the current financial year.