HC Deb 03 November 1992 vol 213 c140W
Mr. Bill Walker

To ask the President of the Board of Trade what financial target and capital expenditure limit has been set for the United Kingdom Atomic Energy Authority for 1992–93.

Mr. Eggar

The United Kingdom Atomic Energy Authority's financial target for 1992–93 has been set as an 11 per cent. return on net assets on a current cost basis —before long-term interest payable and extraordinary items—subject to the outcome of a revaluation of the AEA's assets. I have also approved the AEA's capital expenditure programme for the year at £27.3 million.