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Facts Sheet 4, Appendix 1. Subsidies to National Rail

Year

RTPI

Out turn
prices £M

Public
Service
Obligation
Grant (f)

June 2004
Prices £M
totals (g)

1954

10.42

25

 

448

1955

11

52

 

883

1956

11.51

80

 

1298

1957

11.89

107

 

1680

1958

12.4

134

 

2018

1959

12.29

161

 

2446

1960-65

55.67

976

 

3273

1965-70

55.67

5959

 

19985

1970-75

55.67

2539

 

8515

1975-80

55.67

3093

485

12000

1980-81

67.35

634

575

3351

1981

74.98

933

749

4188

1982

81.85

1002

817

4149

1983

84.84

1003

854

4087

1984

89.2

1013

1066

4351

1985

95

995

820

3567

1986

98

852

680

2919

1987

101.9

615

761

2521

1988

106.9

448

534

1715

1989

115.2

796

499

2099

1990

126.1

1196

600

2659

1991

133.5

1585

900

3475

1992

138.5

2173

1150

4479

1993

140.7

1631

930

3398

1994

144.1

1700

 

2203

1995

149.1

435

 

545

1996

152.7

1071

 

1309

1997

157.5

1858

 

2202

1998

162.9

1615

 

1851

1999

165.4

1441

 

1627

2000

171

1250

 

1365

2001

173

1883

 

2032

2002

176.2

2637

 

2794

2003

181.3

3607

 

3714

Averages

1954-2003

2482.2

1994-2003

1964.22

Notes:

(a) The figure of £25m for 1954/5 is from the British Transport Commission's accounts.
(b) The figure from the same source for 1958/59 is £90m. However interest charges were relegated to a "special account", depreciation was under estimated and some track changes were transferred to a maintenance expenditure account. The true figure, excluding the loss of the British Rail pension fund was £134m.
(c) Figures for the years 1955, 1958 and 1957 have been obtained by interpolation. The figure for 1959 has been obtained by extending the series for previous years.
(d) Values for the years 1960 through to 1980 are from Robert Millar of the Institute of Economic Affairs writing in February 1982. That data is quoted at 1979 prices.
(e) Data for the years from 1980-1984 are from Transport Statistics Great Britain.
(f) Data for 1985 to 2000 are from the DfT Transport Statistics Bulletin and include Freight Grants except that the Public Service Obligation Grant for the years 1979 to 1994. The latter are from a letter from Dr Pritchard of the Department of Transport writing to Gabriel Roth on 5th January 1995. Clearly the PSO should be added.
  The 2004 prices are the outturn values multiplied by the RTPI index. That produced slightly different numbers from the GDP deflator.

 



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