It has been suggested that if only British Rail would regard itself as being in the property business as well as as the transport business, and exploit its many sites accordingly, the now traditional deficits might be transformed into surpluses by a new source of earnings. The writer examines this commonly-held belief, tracing the background to the present policy of development when there is also need to finance new locomotives and the electrification policy, and he argues that the Board would benefit from greater commercial freedom. The paper also describes the joint ventures that have been undertaken with private developers and identifies some of the major problems in the present depressed property market.

  • Corporate Authors:

    Mercury House Publications Limited

    Mercury House, Waterloo Road
    London SE1 8UL,   England 
  • Authors:
    • Dashwood, P R
  • Publication Date: 1975-12

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00125855
  • Record Type: Publication
  • Source Agency: British Railways
  • Files: TRIS
  • Created Date: Nov 5 1975 12:00AM