HC Deb 11 July 1960 vol 626 c79W
75 and 76. Mr. Slater

asked the Minister of Power (1) if he will set out in the OFFICIAL REPORT the amount of compensation paid to date to former coal owners in each district of the United Kingdom in accordance with the Nationalisation Act, 1946:

(2) if he will state the amount of compensation on valuation for each district payable to the former coal owners, and the amount of interest payments paid to the former coal owners to date.

Mr. Wood

The National Coal Board has paid to the Exchequer £83,819,087 interest on compensation for transferred assets—excluding Coal Commission Stock. The compensation payable and paid to the former owners is as follows:

A Valuation District Amount Apportioned to nearest thousand
£
1. Northumberland … 16,745,000
2. Durham … 39,504,000
3. Cumberland … 1,117,000
4. Lancashire and Cheshire … 13,253,000
5. North Wales … 2,366,000
6. Yorkshire … 63,383,000
7. North Derbyshire … 21,420,000
8. South Derbyshire … 3,886,000
9. Nottinghamshire … 27,310,000
10. Leicestershire … 4,609,000
11. Shropshire … 772,000
12. Cannock Chase … 7,269,000
13. North Staffordshire … 8,007,000
14. South Staffordshire … 1,090,000
15. Warwickshire … 9,851,000
16. Bristol … 29,000
17. Forest of Dean … 919,000
18. Somerset … 841,000
19. Kent … 1,783,000
20. South Wales … 34,011,000
21. Scotland … 33,832,000
£291,997,000

The above figures include £164,660,000 in respect of coal industry value; the apportionment of this latter sum between districts was given in S.O. 1949 No. 176, as amended by Section 2 of the Coal Industry Act, 1951.

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