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Minister won't tell
Page 61
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FREIGHTLINER finances are not to be 'made public—Mrs. Barbara Castle said so this week.
In the Commons, Mr. Edward Taylor (Tory, Cathcart) asked for details of costs and profits.
The Minister told him that the Railways Board was statutorily required to maintain proper accounts and—subject to her powers of direction in relation to annual statements—the manner in which they did this was a matter for them.
"At the present stage of development of the Freightliner services I consider that it would be contrary to the Board's commercial interest to disclose the information requested, but before giving my approval to investment by the Railways Board in Freightliner facilities I satisfy myself that the investment is economically justifiable and that it will make an appropriate contribution to track and other indirect costs after covering direct costs."