HC Deb 02 June 1997 vol 295 cc60-1W
Mr. Baker

To ask the Secretary of State for the Environment, Transport and the Regions if he will set out his Department's investment plans for the London underground system for the next five years. [1072]

Ms Glenda Jackson

London Transport's planned levels of investment in the Underground, based on the expenditure plans inherited from the previous Government, are set out in the table below. The Government is carrying out a comprehensive spending review. We are also giving urgent consideration to the options for increasing the level of investment in the Underground through Public/Private Partnerships.

Year Investment 1,2(£ million)
1997–98 312.6
1998–99 215.3
1999–00 369.5
2000–01 422.9
2001–02 447.3
2002–03 456.6

Notes:

11997–98 price.

2Does not include investment in the Jubilee Line Extension, investment in the core network which is part of the JLE project and privately financed investment.