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25.
Mr. Holt
To ask the Secretary of State for Transport how much British Rail will invest over the next three years; and what were the comparable figures for the previous three years.
Mr. Freeman
We have given British Rail an investment ceiling of £4 billion cash over the next three years. This represents £3·65 billion at 1990–91 prices, a 58 per cent. real increase on the comparable figure, £2·3 billion, for the previous three years.