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Mr. John Moore
asked the Secretary of State for the Environment how much capital investment has been undertaken by British Rail in each year from 1960 to 1975 inclusive.
Dr. Gilbert
British Rail has provided the following figures:
£ million | |
1960 | 133·6 |
1961 | 118·3 |
1962 | 93·4 |
1963 | 90·5 |
1964 | 100·7 |
1965 | 113·7 |
1966 | 102·7 |
1967 | 85·6 |
1968 | 78·9 |
1969 | 63·5 |
1970 | 79·2 |
1971 | 92·6 |
1972 | 109·4 |
1973 | 123·0 |
1974 | 154·5 |
1975 | 210·0 (estimated) |
The figures are at outturn prices and include capital investment in the rail business and the rail ancilliaries. With the introduction of transport supplementary grant, new investment financed by PTEs was excluded from the BR investment ceiling, so that the figure for 1975 is not stricly comparable to the earlier years.