§ Mr. Skeetasked the Chancellor of the Exchequer (1) how many, and which, State corporations are permitted to borrow from the market with or without State guarantees;
(2) how many, and which, State corporations are confined to borrowing from the national loan fund and EEC institutions.
§ Mr. BiffenI refer my hon. Friend to appendix 111 of Cmnd. 7131, which describes the borrowing arrangements for nationalised industries. These remain unchanged so far as source of funds is concerned.
§ Mr. Skeetasked the Chancellor of the Exchequer when the Treasury working party set up to examine whether State corporations should be permitted to borrow from the market without adding to the public sector borrowing requirement is expected to report.
§ Mr. BiffenAll borrowing by nationalised industries and other public corporations contributes to PSBR financing whatever the source. The working group will report to the Treasury and Nationalised Industries Chairmen's Group on the outcome of its deliberations in due course.