B.T.C. Seeks Another £23m.
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A SUPPLEMENTARY estimate of
£23 million for the British Transport Commission, requested from Parliament last week, reflects the large and continuing losses of British Railways.
It was the largest single sum required in the Government's"Spring supplementary " of £76,700,000, covering all civil departments.
The amount for the B.T.C. was split into two parts. The first, £8 million, was to meet the larger-than-estimated deficit for last year. This had been originally estimated at £103 million, but was increased to £130 million in the autumn. The second part—£15 million—was in respect of the deficit expected during the first quarter of this year. This is not strictly an "extra," as improvements in procedure have enabled some of the 1962 grant to be paid in the current financial year, for which no provision was previously made.
Total estimate required for these deficits thus now totals £153 million during the current financial year.
The supplementary of the Transport Ministry itself amounted to £175,930, of which £147,200 was required for increased salaries, etc.
Nearly Two Years, Then A Licence Restored
A COMPANY in financial difficulties In-whose records were destroyed in a fire in April, 1960, and which was unable to operate its two A-licensed vehicles from that time until October, 1961, successfully applied to .Mr. C. J. Macdonald, the Metropolitan Deputy Licensing Authority, in London on Monday to restore the licence. The company, Derchex Garages, Ltd., of Duval St., El, preserved its business during the period through the agency of a clearing house in which its managing director was also a director.
After a minor amendment to the normal user sought, Mr. Macdonald granted the licence. There were no objectors.