HC Deb 04 April 1967 vol 744 cc4-5W
38. Sir G. Nabarro

asked the Chancellor of the Exchequer to what extent the increase in bank loans to nationalised industries in England and Wales, from £20.8 million to £75.7 million in the month to 15th February, 1967 was attributable to the coal, gas and electricity industries; and, having regard to current economic policies, what restraint he is exercising.

Mr. Diamond

£12.1 million. In fact the total overdrafts of the nationalised industries rose by £20.8 million in February and fell by £14.2 million in the month to 15th March. Nationalised industries' investment programmes are approved each year by the responsible Minister.