HC Deb 14 April 1980 vol 982 cc536-7W
Miss Richardson

asked the Secretary of State for Social Services if he will give for each of the last 10 years at both current prices and at constant 1979 prices (a) the size of the surplus on the national

Financial Year Excess or deficit*
at current prices £ million at March 1979 prices £ million
1969–70 -88.0 -259.4
1970–71 64.3 174.3
1971–72 -0.6 -1.5
1972–73 152.6 355.5
1973–74 259.5 532.7
1974–75 637.6 1,080.3
1975–76 318.9 445.9
1976–77 928.0 1,111.7
1977–78 678.5 745.0
1978–79 265.4 -provisional 265.4
* Prior to 1975–76 includes the national insurance (reserve) fund and the Industrial Injuries Fund which were merged with the national insurance fund from 1 April 1975.

There is no legislative provision for the transfer of assets of the national insurance fund to the Consolidated Fund.