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Railway Investment

Volume 205: debated on Tuesday 3 March 1992

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To ask the Secretary of State for Transport what discussions he has had with British Rail about its investment priorities for 1992–93.

Investment priorities are regularly discussed with British Rail. BR is currently finalising its investment programme for the coming year as part of its budget, within the external finance limit of £2,041 million for 1992–93—the highest ever figure in real terms.