Motion for rail merger figures defeated A motion seeking to force disclosure of financial information about the merger of MTR Corp and KCRC rail operations was voted down 15 votes to seven at a meeting of the Legislative Council's bills committee on the merger. Andrew Cheng Kar-foo, of the Democratic Party, who proposed the motion, vowed to put the idea to a full meeting of the council. Mr Cheng was seeking approval to invoke legislative privileges to force disclosure of the information. He said it was impossible to evaluate the profitability of rail operations without information about the eight properties the Kowloon-Canton Railway Corporation plans to sell to the MTR Corp for HK$4.91 billion as part of the deal. Young people reluctant to follow legislators Asked to rate on a scale of zero to 10 the desirability of being a lawmaker, more than half of young people polled gave the idea zero points. In all, 80 per cent of 227 adults aged under 30 questioned as part of a wider RTHK/University of Hong Kong survey said they did not want to become legislators. Of the survey's 1,010 respondents, 37 per cent said they based decisions about which legislators to support mainly on their past records and where they stand on social and economic issues. Only 7.3 per cent said a legislator's political stance was a key factor. About 45 per cent said they had listened to or watched more than five minutes of a Legislative Council meeting. Profits tax keeps budget on track A surplus of HK$8.5 billion in October, largely from the collection of profits tax, cut the cumulative deficit for this financial year to HK$21.9 billion, the government said. 'Given the outcome so far, we are on track to achieve a surplus of HK$5.6 billion, as estimated in the 2006-2007 budget,' the spokesman said. Cumulative spending at October31 was HK$132.8 billion and aggregate revenue HK$110.9 billion. Fiscal reserves stood at HK$288.7 billion.