§ Mr. SpearingTo ask the Secretary of State for Transport what estimate has been made of the capital cost, at 1993 prices, of each main element in the construction of the Heathrow-Paddington rail link, and its rolling stock and depot cost; what proportion of the total is being borne by(a) British Rail, (b) other United Kingdom public funds, (c) private capital from the United Kingdom and (d) capital from abroad, respectively; and what are the amounts of and details of each respective source of funds.
§ Mr. FreemanThe overall cost of the project has been estimated at around £300 million at 1993 prices. Details of the cost estimates and of the funding arrangements are a matter for the joint venture partners.