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London Regional Transport

Volume 124: debated on Wednesday 16 December 1987

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To ask the Secretary of State for Transport if he will make a statement on his long-term policy with respect of central Government funding of London Regional Transport.

London Regional Transport requires a high level of capital investment to modernise and increase the capacity of its services. It is our policy fully to fund that investment to the extent that it cannot be funded out of revenues and other internal resources or by attracting private capital.