§ Mr. Austin Mitchellasked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing for each year since 1970 the Government's income from the Bank of England; and what information he has over the same period on the German Government's income from the German Central Bank.
§ Mr. Ian StewartI assume that the hon. Member is referring to the payments which the Bank of England makes to the Treasury in lieu of dividend under section 1(4) of the Bank of England Act 1946. The amounts paid are published in the Bank of England's report and accounts, as follows:
Year* £ million† 1971 1.7 1972 5.5 1973 7.0 1974 6.0 1975 6.0 1976 6.0 1977 3.0 1978 5.5 1979 7.5 1980 6.5 1981 15.0 1982 18.0 1983 23.0 1984 21.8 1985 25.3 1986 39.4 * Financial year ended 28 Febiuiry. † Rounded to the nearest £0.1 million. Comparable information about the Bundesbank is riot readily available.