§ Mr. Hardyasked the Secretary of State for Energy what is his estimate of the total expenditure on capital investment which will be incurred by the National Coal Board in each of the next five years.
§ Mr. Giles ShawThe National Coal Board has approval for expenditure of up to £800 million in 1984–85 on fixed assets in the United Kingdom. The level of the board's capital expenditure in subsequent years has yet to be determined. It will depend on the board's progress towards achieving its objectives, which include that of earning a satisfactory return on its assets in real terms after payment of social grants.