So how do you explain the enormous amount of investment in Railways during her term of Office ?
Ref Hansard Mr Freeman (08.06.1992)
Column 236
The annual breakdown by investment ceiling, total investment and rail investment appears in the table.
|c|British Rail Investment 1979 to 1991-92|c|
£ million in 1992-93 prices
|Investment|Group |Rail
|Ceiling |Investment|Investment
-------------------------------------------------------
1979 |n/a |n/a |620
1980 |730 |693 |635
1981 |744 |576 |519
1982 |750 |469 |423
1983 |n/a |465 |417
1984-85 |n/a |511 |438
1985-86 |n/a |605 |590
1986-87 |n/a |625 |572
1987-88 |n/a |751 |715
1988-89 |n/a |762 |692
1989-90 |n/a |868 |831
1990-91 |n/a |932 |959
1991-92 |1,202 |n/a |1,045
Notes:
1. Rail investment excludes non-rail business such as
BR Property Board, ships and hotels.
2. 1984-85 was a 15-month period. The figure given is
a 12-month equivalent.
3. The figure for rail investment for 1991-92 is a DTp
estimate.
"Investment! also included renewals and all roling stock. Draw your own conclusions.