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State transport cash cut
29th July 1966, Page 26
29th July 1966
Page 26
Page 26, 29th July 1966
— State transport cash cut
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THE British Railways Board is to have a klarn. cut in its investment, and the London Transport Board i2m., as a result of the Government's new economic measures. The figures were given in the Commons this week by Mr. John Diamond, Chief Secretary to the Treasury, who noted that roads would have a £14m. reduction.
Mrs. Barbara Castle, Minister of Transport, explained that the effect of the new measures on the road-building programme would be to reduce in the current year and in 1967-8 the extent of the recovery of ground lost as a result of the 1965 deferments.