§ 40. Mr. Grimondasked the Chancellor of the Exchequer the present total indebtedness of the principal nationalised industries to the banks and to the Exchequer.
§ Mr. H. BrookeThe total amount authorised for temporary bank borrowing by nationalised industries on 31st March, 1956, was £89 million. Exchequer advances are to the National Coal Board only, and amounted to £267 million on the same date.
§ Mr. GrimondMay I take it from that answer that those are the amounts 839 actually outstanding or authorised? Secondly, how do they compare with the amounts outstanding at the beginning of the credit squeeze?
§ Mr. BrookeThose are the amounts authorised. They were not wholly taken up at that time. I would require notice with regard to the second part of the supplementary question.