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Public Transport, London (Capital Investment)

Volume 800: debated on Monday 27 April 1970

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asked the Minister of Transport what was the new capital investment in transport in Greater London in 1968–69; and how it was financed.

Capital investment in public transport during the financial year 1968–69 was about £45 million. It was financed by the nationalised industries concerned from their internal resources, by Government grants and by borrowing from the National Loans Fund.