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£1.8m. Profit for B.R.S.: B. T .C. to Borrow £54 .4m.
Page 44
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T AST year British Road Services .1--4 made a profit of £1.8m., which was
£2.5m. lower than in 1955. This is revealed in the British Transport Commission's ' report and accounts, published today (summarized on page 741).
The railways incurred a working deficit of £16.5m., which capital charges and other items increased to £57.5m. The Commission's provincial and Scottish bus net receipts, at £5.4m., were £300,000 lower than in 1955. London Transport's road operations produced net receipts of £2.5m. (£500,000 lower), and rail activities, £2m. The Commission are to borrow 1.54.4m. to make good their loss.
12-SEATERS: ASSOCIATIONS SEEK INTERVIEW
rOUR operators associations have asked the Minister of Transport for an interview This is in order that they may put forward their views regarding the Minister's proposals to allow I2-seat utilities to be used as buses in rural areas. This will necessitate relaxation of the Public Service Vehicles (Conditions of Fitness) Regulations (The Commercial Motor, June 7).
The organizations concerned are the Municipal Passenger Transport Association, Passenger Vehicle Operators' Association, Public Transport Association and the Scottish Road Passenger Transport Association. The Associations would not disclose this week the exact nature of their reply to the Minister, but members have already indicated their opposition.
T.P. BIRMINGHAM MOVE THE Birmingham editorial, advertis
ing and circulation staffs of Temple Press Limited are now accommodated at the Bayliss House, Hurst Street, Birmingham, 5, in a new building owned by H. W. Smith and Son, Ltd. Temple Press premises at 7 John Bright Street have been vacated after 11 years.