HC Deb 09 May 1973 vol 856 c135W
Mr. Meacher

asked the Chancellor of the Exchequer what estimate he makes of

Date Nationalised Industry Amount
£m.
31st December 1962 British Transport Commission 487.4
31st March 1965 National Coal Board 415.0*
31st March 1965 British Overseas Airways Corporation 110.0†
31st March 1965 British European Airways 25.0
31st December 1968 British Railways Board 1,262.1‡
31st December 1968 British Waterways Board 15.5
1st January 1970 London Transport Board 269.8
1st April 1972 British Steel Corporation 350.0§
16th March 1973 Post Office 130.6
31st March 1973 National Coal Board 475.0
3,540.4
* Includes £116 million in respect of revenue losses.
† Including £30 million re-constituted as a reserve, which has since been capitalised.
‡ Including £705 million debt suspended under the Transport Act 1962 and finally written off under the Transport Act 1968.
§ Includes £238 million transferred to reserve under the Iron and Steel Act 1972.