§ 78. Mr. David Stoddart
asked the Secretary of State for Trade and Industry what is his estimate of the amount of revenue lost by electricity boards on the basis that the ownership and control of showrooms, contracting and similar other activities in the electrical utilisation field were removed from them and of the effect of this on the price of electricity.
§ Mr. Ridley
The net revenue after all charges as recorded in the accounts for 1969–70 was £4.5 million before allowing for interest on capital employed. The turnover of the boards in the same year on all their operations was £1,460 million.