HC Deb 03 November 1976 vol 918 c594W
Mrs. Castle

asked the Chancellor of the Exchequer whether he will ensure that in future White Papers on public expenditure, investment in the nationalised industries which is generated from internal finance, will not be included in the total of public expenditure.

Mr. Joel Barnett,

pursuant to his reply [Official Report, 1st November 1976; Vol. 918, c. 483], gave the following information:

Yes, it is intended that, in future, estimates of Government funds provided towards the investment programmes of nationalised industries, and not the investment programmes themselves, will be included in the main totals in public expenditure White Papers.