HC Deb 10 July 1975 vol 895 c273W
Mr. Woof

asked the Secretary of State for Trade what payments were made to each of the nationalised industries for which he is responsible for tasks undertaken by them which were not in their commercial interest in each of the years 1973 to 1975.

Mr. Clinton Davis

None.

Mr. Woof

asked the Secretary of State for Trade what were the total borrowings of each of the nationalised industries for which he is responsible, at the latest available date.

Mr. Clinton Davis

The total borrowings of the British Airways Board and its subsidiaries at 31st March 1975 amounted to £185.7 million, of which outstanding loans from the National Loans Fund accounted for £80.1 million. In addition the board had received by that date public dividend capital totalling £216.3 million.

At the same date the British Airports Authority's net borrowings from the National Loans Fund were £4.3 million and in addition the authority's initial capital debt amounted to £52.9 million.

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