British Rail (Hansard, 28 November 1988)

§ 46. Mr. Tim Smith
To ask the Secretary of State for Transport when he last met the chairman of British Rail; and what matters were discussed.

§ Mr. Portillo
My right hon. Friend the Secretary of State last met the chairman of BR on 23 November when they discussed a variety of railway matters.

§ 53. Mr. Turner
To ask the Secretary of State for Transport when he will next meet the chairman of British Rail to discuss rail services.

§ Mr. Portillo
My right hon. Friend the Secretary of State will next meet the chairman of BR on 15 December to discuss a variety of rail matters.
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§ 67. Mr. Moss
To ask the Secretary of State for Transport how much capital investment in British Rail rose between 1988 and 1978.

§ Mr. Portillo
In 1978 BR's railway investment was £194 million, equivalent to £421 million in 1988–89 prices. Budgeted investment for 1988–89 is £560 million—one third more in real terms. Figures of investment since 1970 were published on 4 November in theOfficial Report at column 800, in reply to a question from my hon. Friend the Member for Birmingham, Northfield (Mr. King).

§ 42. Mr. Tredinnick
To ask the Secretary of State for Transport by how much British Rail plans to increase its investment in 1989 over 1988.

§ Mr. Portillo
British Rail's planned corporate investment expenditure for 1988–89 and 1989–90 is as follows:

Cash (£ million) 1988–89 Prices (£ million)

1988–89 624 624

1989–90 846 806

This represents an increase in real terms of almost 30 per cent.

	Cash (£ million)	1988–89 Prices (£ million)
1988–89	624	624
1989–90	846	806