HC Deb 03 February 1993 vol 218 c216W
Mr. Lester

To ask the Secretary of State for Transport what will be the cash ceiling for public service obligation grant to British Rail for 1992–93; and if he will make a statement.

Mr. Freeman

My right hon. Friend announced on 8 May 1992 that the ceiling had been set at £1,040 million. This figure has been increased to £1,150 million in the light of revised forecasts. British Rail's external financing limit for 1992–93 is not affected.