HC Deb 28 November 1985 vol 87 c659W
22. Mr. Alton

asked the Chancellor of the Exchequer if he has any plans for spending the revenue raised from proposed sales of nationalised industries.

24. Mr. Wallace

asked the Chancellor of the Exchequer if he has any plans for replacing the income brought in by nationalised industries now privatised.

Mr. MacGregor

The effect of privatisation on public finances is one of the many factors that my right hon. Friend the Chancellor of the Exchequer takes into account in his Budget judgment.

41. Mr. Meadowcroft

asked the Chancellor of the Exchequer if he will estimate the loss of revenue to his Department from the sale of publicly owned state assets since 1979.

Mr. Moore

It is not possible to estimate the overall effect on Government revenues of the privatisation programme since 1979. It is not known what the effect on public finances would have been if the privatised businesses had remained within the public sector. In so far as the performance and profitability of these businesses improves in the private sector, they are likely to pay additional tax.