§ Mr. Gryllsasked the Chancellor of the Exchequer whether he will show the proportion of total public sector borrowing accounted for by the financing of the nationalised industries for each year since 1960.
§ Mr. BrittanThe available figures, which cover all public corporations, are:
Public corporation borrowing requirement as a percentage of public sector borrowing requirements✶ 1963 56 1964 58 1965 57 1966 88 1967 62 1968 83 1969† 1970† 1971 88 1972 50 1973 30 1974 23 1975 25 1976 31 1977 30 1978 14 1979 29 Notes:
✶ Source of recent figures for public corporation borrowing requirement and public sector borrowing requirement: Financial Statistics table 2.5
† The public sector borrowing requirement was a net repayment in these years. The underlying figures (in £ million) are:
PSBR PCBR 1969 –445 741 1970 –4 1004