HC Deb 21 December 1988 vol 144 c346W
66. Mr. Doran

To ask the Secretary of State for Scotland what proposals he has concerning the capital debt of the Scottish electricity boards.

Mr. Lang

The boards' capital structures will require to be revised prior to privatisation to create an appropriate ratio of debt to equity. The aim will be to choose a capital structure which maximises the returns to the taxpayer and also creates two financially robust companies.