HC Deb 16 February 1978 vol 944 cc335-6W
Mr. Mike Thomas

asked the Secretary of State for Industry what was the latest date at which the Government received financial forecasts from the British Steel Corporation prior to the insertion of the figures of £345 million and £178 million for 1977–78 and 1978–79, respectively, for total internal resources in tables 3.2 and 3.3 of Volume II of the Public Expenditure White Paper 1978, Command Paper No. 7049 II.

Mr. Les Huckfield

A financial forecast in respect of 1977–78 was received from the British Steel Corporation on 18th November 1977. Because discussions between the Government and the Corporation had not yet been completed, the 1978–79 forecast was exceptionally prepared by officials on the basis of present policies.

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