§ Mr. Skeetasked the Secretary of State for Industry how the $1,872.5 million borrowed abroad by the State electricity industries in 1973 and 1974 has been spent.
§ Mr. EadieI have been asked to reply.
$1,000 million was raised principally to finance the redemption of British Electricity Stock in 1973–74 and the remainder to finance the industries' capital requirements.
§ Mr. Skeetasked the Secretary of State for Industry, of the $1,600 million raised abroad by the Electricity Council, what part if any has been derived from Arab sources.
§ Mr. EadieI have been asked to reply.
The source of the $1,600 million raised abroad by the Electricity Council is a confidential matter between the parties concerned.