HC Deb 08 February 1993 vol 218 cc417-8W
Mr. Peter Bottomley

To ask the Secretary of State for Transport if he will estimate the capital investment at constant prices by British Rail in 1991–92, 1992–93, planned for 1993–94 and 1994–95, in the 1991 autumn statement and now proposed for 1993–94 and 1994–95, excluding spending associated with the channel tunnel.

Mr. Freeman

British Rail invested a total of £1,005 million in 1991–92, of which £751 million was spent on the existing railway. British Rail is planning to invest around £1.5 billion in 1992–93, over £1 billion of which is expected to be spent on the existing railway. BR is currently considering plans for future years as part of its 1993–94 budget and 1993 corporate plan.