Skip to main content

Investment

Volume 531: debated on Wednesday 28 July 1954

The text on this page has been created from Hansard archive content, it may contain typographical errors.

109.

asked the Assistant Postmaster-General the average over the past five years of the investment in telephone development; the cost of the work in hand this year; and the cost of the further development in prospect for next year will be.

Over the past five years the average investment on the telephone system including renewals has been£51·7 million; the estimated investment in the present financial year is£68·8 million and for next year£79·4 million.