HC Deb 30 July 1982 vol 28 cc835-6W
Mr. Straw

asked the Chancellor of the Exchequer whether any gains or other earnings to publicly-owned undertakings and companies arising from such undertakings and companies engaging in operations not in the course of their main business with other companies so that tax liability of these other companies is reduced, are taken into account when the external finance limits or amount of grant or loans are set; and, if so, to what extent.

Mr. Ridley

[pursuant to his reply, 29 July 1982]: If such gains were reflected in the forecasts of internal resources provided by the nationalised industries and publicly-owned companies, they would be taken into account in setting external finance limits and other Government support.