HC Deb 14 July 1988 vol 137 c550
15. Mr. Darling

To ask the Chancellor of the Exchequer what is his current estimate of Treasury receipts from sales of public assets in 1988–89, 1989–90, 1990–91 and 1991–92, respectively.

Mr. Brooke

The latest estimate of privatisation proceeds is shown in the Government's public expenditure White Paper.

Mr. Darling

Has the Chancellor made an assessment of the likely price for the electricity industry if it is sold off, and has he made any assessment of the amount that is likely to be bought by foreign interests rather than by people living in this country?

Mr. Brooke

The public expenditure White Paper estimated proceeds, to which I referred, cover a period of years. The programme which will follow hereafter will undoubtedly sustain those estimates.