HC Deb 14 March 1994 vol 239 c507W
Mrs. Dunwoody

To ask the Secretary of State for Transport (1) what is his current estimate of the cost of rail privatisation in the forthcoming financial year;

(2) what is the current estimate for the costs of rail privatisation for the forthcoming financial year.

Mr. Freeman

Planned expenditure by my Department, the Office of the Rail Regulator, and the Office of Passenger Rail Franchising for 1994–95 is £28.9 million. British Rail's and Railtrack's estimates of costs associated with reorganisation are a matter for them.

The breakdown of this estimate is given in the following table:

Expenditure on rail privatisation 1994–95 Staff and internal costs (£ million) External consultants (£ million) Total (£ million)
Department of Transport 2.0 12.0 14.0
Office of the Rail Regulator 3.8 1.6 5.4
Office of Passenger Rail Franchising 3.6 5.9 9.5
28.9

Back to