§ Mr. Gryllsasked the Chancellor of the Exchequer, what are the latest figures available indicating (a) the size of the capital stock of the nationalised industries and (b) what percentage return was earned on that stock.
§ Mr. Brittan[pursuant to his reply, 24 June 1982, c. 149–150]: The size of the nationalised industries net capital stock at the end of 1980 is estimated at £93,990 million. The pre-tax real rate of return on that capital, including subsidies, was —1 per cent. The basis of the calculation and comparable figures for the years 1970 to 1979 were supplied by the Treasury in evidence to the Treasury and Civil Service Select Committee last year. These have been published as appendix 12 in volume III of its report "Financing of the Nationalised Industries", HC 348-III.