London Underground (Investment)

Part of Oral Answers to Questions — Transport – in the House of Commons at 12:00 am on 23rd November 1992.

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Photo of Mr Steven Norris Mr Steven Norris , Epping Forest 12:00 am, 23rd November 1992

If I have to pick something to answer out of all those points, I make the point that I understand the hon. Gentleman's disappointment at the level of the settlement, even as he expressed it. However, he will know that investment in the survey period will still be higher than in any year in the 1970s or 1980s. That represents a considerable investment measured in hundreds of millions of pounds—investment not merely to maintain the system in its present state but to improve it, and it excludes the commitment measured in billions to extending the system.