§ Mr. Bill WalkerTo ask the Secretary of State for Scotland whether he has agreed a financial target for 1989–90 for the Scottish electricity boards.
§ Mr. RifkindI have agreed with the Scottish electricity boards that the financial target for 1989–90 is for the boards jointly to achieve a return of 2.7 per cent. on net assets valued on a current cost basis. This compares with a target of 2.8 per cent. for 1988–89. The target has been set for the boards jointly to reflect their shared responsibility for nuclear generation.