BRITISH RAILWAYS BOARD ANNUAL REPORT AND ACOUNTS 1973

British Rail made a profit, before interest payments, of 5.7 million pounds in 1973 despite a loss of 4.6 million by the Rail division. Besides the railways, the systems includes ships, hovercraft, harbors, hotels, and rail workshops, all of which showed profits. After payment of interest, however, there was a deficit of 51.6 million pounds. Passenger and freight rail business increased. Inflation and the energy shortage contributed to the problem of trying to revitalize the rail system. The problem is complex and there is no short term solution, especially in view of the overall economy at this time. Substantial investments must be made to produce a high-quality rail system.

  • Corporate Authors:

    British Railways Board

    Melbury House
    London NW1 6JW,   England 
  • Publication Date: 1974-7-10

Subject/Index Terms

Filing Info

  • Accession Number: 00072018
  • Record Type: Publication
  • Source Agency: Transportation Systems Center
  • Files: TRIS
  • Created Date: Mar 6 1976 12:00AM