HC Deb 14 December 1954 vol 535 c128W
128. Colonel Crosthwaite-Eyre

asked the Chancellor of the Exchequer the total amount invested since 1945 by this country in nationalised industries or corporations sponsored in whole or in part by the Government; the amount necessary to service Government securities issued for these purposes; and the capital sums that in this connection have been written off.

Mr. H. Brooke

On the first part of the Question, I would refer my hon. and gallant Friend to Table 27 in the Blue Book on National Income and Expenditure 1946–1953. The answer to the second part is that no Government securities have been issued specifically for these purposes. Up to 31st March, 1954, advances to the Overseas Food Corporation, the Queensland Food Corporation and Colonial Food Yeast Limited totalling approximately £37 million have been written off.