Public Service Obligation Grant Cash Ceiling (Hansard, 30 March 1988)

HC Deb 30 March 1988 vol 130 c557W 557W

§ Dame Peggy Fenner
To ask the Secretary of State for Transport if he will make an announcement about the public service obligation grant cash ceiling for 1988–89.

§ Mr. Channon
For 1988–89, the cash ceiling on PSO grant, will be £605 million. For the first time this year the grant will be for the Network SouthEast and provincial sectors only. The figure of £605 million makes full provision for worthwhile investment to improve quality of service and increase efficiency.