HC Deb 11 February 1977 vol 925 cc876-7W
Mr. John Moore

asked the Chancellor of the Exchequer, assuming no increase in their levels of indebtedness, what will be the annual interest repayment of the nationalised industries for the years 1977–78, 1978–79, 1979–80, and 1980–81.

Mr. Joel Barnett

Assuming no further borrowing, the interest payments due to be made by the nationalised industries are estimated as £1,400 million in 1977–78, £1,350 million in 1978–79, £1,250 million in 1979–80 and £1,100 million in 1980–81.