Skip to main content

Trainsport Of Goods (Road And Rail)

Volume 932: debated on Friday 20 May 1977

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Secretary of State for the Environment if he will make a statement on the progress made in encouraging the transfer of suitable goods traffic from road to rail under the Railways Act 1974.

I have been asked to reply.Section 8 of the Railways Act 1974 authorises grant towards the cost of rail freight facilities. So far 28 applications have been approved. When these projects reach full potential, over 5 million tonnes of freight a year will have been transferred from road to rail. A further 24 applications are under consideration. The

Tax relief (£m.) on mortgage interest795301,01040
per mortgagor (£)152133190165
per owner-occupied dwelling (£)865110763

in part to inflation since the contracts were let and also, in the case of Bootle, to additional requirements and, in the case of Durham House, to the cost of dealing with problems caused by High Alumina Cement:

new financial arrangements introduced by the Act also improved the railways' competitive position, and the budget changes in lorry and full tax will also have an effect.