§ 61. Mr. Nabarroasked the Minister of Fuel and Power whether he will state in tabulated form, correct to the nearest £1 million annually, the annual capital investment sums expended by each of the coal, gas and electricity industries during the period 1950 to 1955, inclusive; and the sums authorised for each industry, respectively, for the years 1956 and 1957.
§ Mr. RentonFollowing is the answer:
INVESTMENT AND FIXED ASSEDS £ million Coal Gas Electricity(a) 1950 29 1950–51 36 129 1951 32 1951–52 45 142 1952 49 1952–53 46 154 1953 79 1953–54 50 170 1954 100 1954–55 55 203 1955(b) 95 1955–56 61 199 1956(c) 107 1956–57 52 195 (a) These figures represent investment by the Central Electricity Authority (British Electricity Authority before 1st April, 1955) and area electricity boards. (b) Provisional. (c) Sums authorised. NOTE: Authorisations in respect of 1957 have not yet been made.