 The GWR was nationalised into British Railways on 1 January 1948, and the land sold.The powers of the associated Act of Parliament only lapsed in 1999.In 2010 it was stated in Parliament that "in recent years" around £9 million had been invested on keeping the sea wall safe and the cliff faces stable, and that the ongoing maintenance of the sea walls and the adjoining estuaries was costing Network Rail around £500,000 annually.