HC Deb 01 February 1982 vol 17 cc27-8W
Mr. Golding

asked the Secretary of State for Industry for each year since 1974, how much has been borrowed from or repaid to public funds by British Telecom and its predecessor.

Mr. Wakeham

The Post Office Telecommunications business's net borrowings from or net repayments to the National Loans Fund since 1974–75 have been as follows:

Opening balance Net borrowing or (net repayment)
£ million £ million
1974–75 2,613.4 351.4
1975–76 2,964.8 233.0

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