§ Mr. BayleyTo ask the Secretary of State for Transport (1) what is British Rail's provisional external financing limit for 1994–95; and what plans he has to change it;
(2) what is Railtrack's provisional external financing limit for 1994–95; and what plans he has to change it.
§ Mr. FreemanThe provisional negative EFLs for 1994–95 for Railtrack and British Rail are, respectively, £280 million and £348 million. They will be kept under review during the course of the year, and adjusted as necessary.
§ Mr. BayleyTo ask the Secretary of State for Transport what is British Rail's provisional public service obligation grant for 1994–95; and what plans he has to change it.
§ Mr. FreemanSupport for BR's passenger services, including compensation for the costs of public obligations, in 1994–95 is being paid by the Director of Passenger Rail Franchising. Provision of £1,675 million has been made in class VI vote 7. My right hon. Friend has made no proposals to change it. In addition to this grant payable direct to BR, there is additional provision for metropolitan railway grants to be paid to passenger transport authorities.