HC Deb 09 December 1992 vol 215 c695W
Mr. Peter Bottomley

To ask the Secretary of State for Transport if he will make a statement for each main part of British Rail on the levels of capital spending necessary to maintain the capital stock and to avoid a deterioration of services.

Mr. Freeman

The distribution of capital and management resources amongst the different businesses of British Rail is a matter for the board. The additional funds announced for British Rail in the autumn statement will permit the board's total investment to continue at a level considerably higher in real terms than in the 1970s and 1980s.