HC Deb 18 November 1969 vol 791 cc261-3W
120. Mr. Kenneth Lewis

asked the Chancellor of the Exchequer if he will publish in the OFFICIAL REPORT a table showing details of the capital outstanding on each foreign loan to the United Kingdom, including drawings from the every nationalised industry or other public corporation in each year since 1946.

121. Mr. Kenneth Lewis

asked the Chancellor of the Exchequer if he will publish in the OFFICIAL REPORT a table in the same form as Table 2 of Command Paper No. 3437, giving financial and other statistics of the nationalised industries, including the British Steel Corporation, for the year 1968–69 or the latest year for which figures are available; and if he will also give similar information for any other public corporations, for manufacturing industry, and for industry as a whole.

Mr. William Rodgers

The financial objectives of the nationalised industries are as follows

International Monetary Fund on 16th October, 1969, the comparable figure for 16th October, 1964, the total of interest payments made in each case between these two dates, and the amount of capital and interest payments, respectively, paid or due to be paid between 16th October, 1969 and 31st December, 1969 and in the calender year 1970

Outstanding starling value Interest paid 16th October, 1964 to
Loan Agreement 16th October 1969 16th October 1964 16th October 1969 To be paid in 1969 after 16th October To be paid in 1970
Capital Interest Capital Interest
U.S.—Line of Credit 1,262 1,125 60 26 28 27 27
Lend Lease 197 177 9 4 4 4 4
ECA 106 108 14 3 1 5 3
MSA 17 17 2 1
Exim Lines of Credit 241 20 22 6 45 11
Canadian Credit 369 329 17 8 8 8 8
Germany—EPU 16 53 6 10 1
Deutsche Bundesbank 21 1 1 1 1
Offset Agreement 52 2
Portugal 17 37 1 5
International Monetary Fund 1,115 75 83 7 166 33

This information includes neither those debts incurred under central bank transactions, which are not customarily published, nor the effect of the German revaluation on the relevant German loan agreements.