§ Mr. MeacherTo ask the Secretary of State for Transport what were the levels of investment in the rail network, excluding channel tunnel and European passenger services, for each year since 1970, expressed at constant 1995 prices. [27153]
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§ Mr. WattsThe information, expressed in 1994–95 prices, is as follows:
Year Investment £million 1970 702 1971 746 1972 775 1973 777 1974 839 1975 969 1976 946 1977 937 1978 941 1979 967 1980 951 1981 810 1982 695 1983 767 1984–851 786 1985–86 855 1986–87 819 1987–88 993 1988–89 970 1989–90 1,085 1990–91 1,009 1991–92 1,059 1992–93 1,004 1993–94 663 1 15-month year due to an accounting change from calendar years to financial years.