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Railways (Capital Investment)

Volume 885: debated on Wednesday 5 February 1975

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asked the Secretary of State for the Environment what estimate he has made of the capital investment to be expended by British Rail in 1975; and what were the comparable totals five and 10 years previously respectively.

£187 million and £125 million for 1975 and 1970 respectively, The 1965 figure was £221 million, but this is not comparable since it provided for not only a much larger rail network but also for activities since transferred to other bodies.