HC Deb 20 January 1997 vol 288 c484W
Mr. Chris Davies

To ask the Secretary of State for Transport if he will list the estimated sums to be paid by way of subsidy in the financial year ending 31 March 1997 to the British Railways Board and each of the companies formerly owned by the board which have been privatised or franchised in the past five years. [11427]

Mr. Watts

My current estimate of the net payments of support, excluding payments under the performance regime, to be made by the franchising director to the British Railways Board and to franchise operators in the financial year 1996–97 is listed in the table.

Estimated payments in 1996–97
Payments to franchise operators £ million
Anglia Railways Train Services Ltd. 8.777
Cardiff Railway Co. Ltd. 10.014
CrossCountry Trains Ltd. 30.675
Gatwick Express Railway Co. Ltd. -4.192
Great Eastern Railway Ltd. 5.778
Great Western Trains Co. Ltd. 61,825
InterCity East Coast Ltd. 61.468
Island Line Ltd. 0.937
LTS Rail Ltd. 25.146
Merseyrail Electrics Ltd. 7.703
Midland Main Line Ltd. 16.188
Network SouthCentral Ltd. 73.610
South Wales and West Railway Ltd. 37.625
South West Trains Ltd. 63.207
Thames Trains Ltd. 18.780
The Chiltern Railway Co. Ltd. 11.650
The South Eastern Train Co. Ltd. 59.257
West Anglia Great Northern Railway Ltd. 14.208
Total Payments to Franchise Operators 502,655
Payments to British Rail 1,260.367
Total Payments 1,763,022