HC Deb 07 December 1953 vol 521 c185W
37. Mr. Bartley

asked the Minister of Fuel and Power the amount of compensation for each year since, and including, 1947, which has been paid to the previous owners of the coalmining industry.

Mr. Joynson-Hicks

The total payments of compensation under the Coal Industry Nationalisation Act, 1946, in each financial year since vesting date (1st January, 1947) are:

Year ended 31st March £
1947 270,420
1948 159,048
1949 23,704,830
1950 10,700,868
1951 52,197,098
1952 53,467,588
1953 51,241,369
1954 (to 30th November, 1953) 11,992,037
Total £203,733,258