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Rail Investment

Volume 205: debated on Thursday 12 March 1992

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To ask the Secretary of State for Transport if he will set out (a) the level of investment by Network SouthEast in each year since 1962 at current prices and (b) the total operating grant paid to (i) British Rail and (ii) Network SouthEast in each year since 1962 at current prices.

[pursuant to his reply, 11 March 1992, c. 535]: The information is as in the tables.

Network SouthEast Investment(Capital and revenue)

£ million at 1991–92 prices

11982

192
1983181

11984–85

168
1985–86162
1986–87183
1987–88305
1988–89381
1989–90414
1990–91323

31991–92

380

1 Network SouthEast was formed in 1986. Previous comparable figures are available only from 1982.

2 1984–85 was a 15-month period. The figures quoted is the 12-month equivalent.

3 Estimated.

Source: Network SouthEast.

(b)Grants paid to British Rail: 1969 to 1991–92

1

£million at 1991–92 prices

PSO grant2

Level crossing grant

PTE grant

Other grants3

Total

1969512.1125.7637.8
1970490.795.6586.3
1971462.155.0517.1
1972404.155.3452911.4
1973506.6-63.0466.71,036.3
1974899.484.6-984.0
1975850.838.399.4323.11,311.6
19761,005.735.397.0152.61,290.6
19771,009.331.9112.91,154.1
19781,040.132.3119.41,191.8
19791,101.031.8126.41,259.2
19801,111.432.0131.41,274.8
19811,328.132.8120.41,481.3
19821,336.232.8125.21,494.2
19831,337.032.4130.11,499.5

41984–85

1,272.328.8125.71,426.8
1985–861,161.429.2110.81,301.4
1986–87944.827.5101.31,073.6
1987–88989.230.0102.81,122.0
1988–89647.927.993.8769.6
1989–90568.229.8106.0704.0
1990–91642.030.9107.2780.1

51991–92

900.029.2129.01,058.2

1 Grant is paid to British Rail as a whole. It is for British Rail to allocate it between sectors. British Rail did not receive direct Government grants prior to 1969.

2 Prior to 1975, grant was paid under section 39(1) of the Transport Act 1968.

3 This comprises:

(1) Transitional freight grant—paid 1975–76.
(2) Grant paid under Transport Grant Act to compensate for Government pricing controls—paid 1972.
(3) Special grants—paid 1972–73.
(4) Grant paid under section 40 of the Transport Act 1968 for temporary maintenance of surplus track and signalling—paid 1969–1973.

4 1984–85 was a 15-month year. 12-month equivalents given.

5 Department of Transport estimates.

Source:British Railways Board annual accounts.