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Railways (Finance)

Volume 892: debated on Tuesday 13 May 1975

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asked the Secretary of State for the Environment if the Government will uprate the proposed financial support to the railways of £1,500 million over five years to take account of inflation and the fall in money values.

The sum of £1,500 million provided for in the Railways Act 1974 is not subject to any time limits and there is, therefore, no need to increase it in advance of further legislation.