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Increased Fares (Revenue)

Volume 437: debated on Monday 12 May 1947

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68.

asked the Minister of Transport the approximate sum of extra revenue accruing to date to the transport undertakings concerned as a result of the passenger fare increases approved by him during the past fiscal year.

The amount of additional receipts resulting from the increases in passenger fares introduced on the main line railways and the Green Line Coaches on 1st July, 1946, and on the road and rail services on the London Passenger Transport Board on 9th February, 1947, was approximately £14 millions up to 27th April last.

Will my right hon. Friend give an assurance that no part of this increase is going towards the advertising campaign of the railway companies and road hauliers on the subject of nationalisation, and if so, can he give any idea where the quarter of a million pounds is coming from for that purpose?

I cannot determine how railways distribute their dividends. Later on, of course, that will not arise.