HC Deb 24 April 1990 vol 171 cc193-4W
Mr. Nellist

To ask the Secretary of State for Transport what proportion of British Rail's capital investment programme, in each of the last five years, has been funded by central Government; and how much that represented in each year at 1990 prices.

Mr. Portillo

Table 7.33 in chapter 7 of "The Government's Expenditure Plans 1990–91 to 1992–93" (Cm. 1007) sets out British Rail's capital requirements and the internal and external resources from which these are met. "External finance" comprises subsidy paid by the Government and borrowing, principally from the National Loans Fund. We do not apportion particular forms of finance between investment and other expenditure. British Rail "rail" investment (which includes investment charged to revenue account) since 1985–86 is as follows, in £ million and at constant 1990–91 prices:

Year Rail investment
1985–86 528
1986–87 511
1987–88 640
1988–89 647
1989–90 1675

Note:

1 Based on BR forecast.