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Railways (Accounts)

Volume 927: debated on Monday 7 March 1977

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asked the Secretary of State for Transport whether he will give a general direction to the Chairman of British Railways to provide accounts which show the costs of the different services properly apportioned.

There is no unique method of apportionment appropriate to a statutory direction affecting audited accounts. I understand that the Railways Board is now considering the whole question of cost allocation, which it discussed in its response—"An Opportunity for Change"—to the transport consultation document.