HC Deb 23 January 1978 vol 942 cc422-3W
Mr. Tebbit

asked the Chancellor of the Exchequer what is the total amount paid in subsidy to privately-owned industry and commerce in (a) the financial year 1976–77 and (b) the current year to the latest convenient date, broken down in each case into convenient categories of aid; and what is the total subsidy to nationalised and publicly-owned industry and commerce similarly broken down.

Mr. Joel Barnett

The following table provides the information, at 1977 survey prices, for the financial year 1976–77 and the latest estimate for 1977–78, the information for both years being consistent with the total subsidies figures published in Table 10 of Cmnd 7049-I. The table relates to Great Britain only.

£ million at 1977 survey prices
Privately owned Nationalised and publicly owned
1976–77 1977–78 1976–77 1977–78
Central government subsidies paid to:
British Rail 413.5 438.5
National Freight Corporation 30.0 27.9
Scottish Transport Group 3.5 3.2
Other central government transport subsidies 0.3 0.3
Civil Aviation Authority 44.5 25.6
Other civil aviation services 0.1 0.1
British Waterways Board 12.3 14.2
Other environmental services 0.8 1.2
* Includes temporary employment subsidy.

In addition there are certain subsidies which are payable both to private sector and to public sector concerns and for

£ million at 1977 1976–77 Survey prices 1977–78
Paid by central Government:
Refinancing of fixed rate export credits—interest support costs 224.3 80.0
Cost escalation guarantees 3.0
Paid by local authorities:
Public transport subsidies 212.5 183.7