§ Mr. DunnTo ask the Secretary of State for Transport what changes there were to London Transport's core business external financing limit for the financial year 1992–93.
§ Mr. NorrisThe original 1992–93 EFL for LT's core business was £852 million. This was reduced by £84 million following the transfer of the docklands light railway to the London Docklands development corporation in April 1992, but then increased by £65 million in July 1992 due to additional funding to implement measures in London Underground Ltd.'s company plan. The final EFL was therefore £833 million.
From this total, LT was allowed to carry forward £33 million to the current financial year. This was in respect of core business items related to the Jubilee line extension.