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17th February 1978
Page 7
Page 7, 17th February 1978 — Briefly...
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Which of the following most accurately describes the problem?

Soviet depot

• A new 10,500 sqm depot and service workshop has been opened at Carmyle Avenue, Glasgow by UMO Plant Ltd, distributors of Soviet-built earthmoving equipment in the UK.

A full range of Belaz trucks and excavators will be held in stock, as well as UAZ four wheel drive commercial vehicles. A range of industrial and agricultural tractos from the UMO Belarus Division will also be held at the Carmyle depot.

No target

• Continuing financial difficulties had prevented the setting of a target for the National Freight Corporation in terms of return on assets, said Transport Minister William Rodgers in the Commons last week.

Recently the effective target had been to minimise the need for grant support.

M25 costs

• The M25 Outer London Orbital Route — due to be completed by the mid1980s — will cost about £390 million.

John Horam, Under Secretary for Transport, who gave this estimate in the Commons last week, said it was not possible to compare it with earlier estimates, since the costs of sections then under construction had been at prices ruling at the time.

Statutory duty

• A suggestion that targets in terms of return on net assets should be set for the National Bus Company was rejected last week by the Transport Minister.

It would not be appropriate to set such a target for a nationalised industry which required significant grant finance, he said in the Commons.

The NBC had a statutory duty to break even, taking one year with another, he pointed out.


Locations: Glasgow

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