§ Mr. Pawsey:To ask the Chancellor of the Exchequer what estimate he has made of the total amount of public funds invested in the nationalised industries since 1966 in 1996 prices. [31926]
§ Mr. Waldegrave:The total amount of capital expenditure by public corporations, which include the nationalised industries, from 1966–67 to 1994–95 was £358 billion at 1994–95 prices. Of that, £135 billion was financed by capital grants or net lending from the general government sector. No separate information on the nationalised industries is held for the earlier part of this period.
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