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  • Rail Express

    TIME TRAVELLER

    Mar 02, 2020 3 minutes

    50 YEARS AGO... MARCH 1970

    ■ British Railways announced it made an operating profit of £56 million in 1969 and, after repayment of interest charges, there was abalance of about £15 million. Journeys and passenger miles rose for the first time in several years, giving an improvement of 10% in receipts. Freight tonnage also rose and, together with parcels traffic, this generated 4% extra income at £9 million. Total route mileage fell from 12,434 in 1968 to 12,098; total staff fell from 268,970 to 253,615; and

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