Charges (Increases)

Part of Oral Answers to Questions — Railways – in the House of Commons am 12:00 am ar 12 Mai 1947.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr Alfred Barnes Mr Alfred Barnes , East Ham South 12:00, 12 Mai 1947

I can give no such assurance. I stated in February that the Charges Consultative Committee had recommended certain increases in railway charges, and that the Government had decided to review the position at the end of March in the light of further experience of the trends of receipts and expenditure. It now appears that, apart from the effects of the severe weather and the fuel crisis in the first quarter of this year, other factors are affecting net revenue adversely. To the end of March, the pooled net revenue of the railway companies fell short of the appropriate proportion of the fixed annual sums payable to them by about £18 million. It is estimated that this deficiency will increase to about £23 million by 30th June, and possibly to about £32 million by the end of the year. These estimates justify increases substantially in excess of those recommended by the Committee, and the Government are giving close consideration to the steps necessary to meet the position.