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Rail Investment

Volume 199: debated on Thursday 28 November 1991

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To ask the Secretary of State for Transport what percentage of gross national product is accounted for by public investment in railways.

In 1990–91 capital investment by British Rail (£834 million) and by London Underground (£442 million) totalled £1,276 million. This represented some 0·23 per cent. of gross national product.