§ Mr. Skeetasked the Chancellor of the Exchequer how the £9,562 million of advances to the nationalised industries made since 1945 and outstanding at 30th June, 1971, is made up; and whether he will give details of the capital debt and revenue deficits amounting to £2,585 million written off during that period.
Date Nationalised Industry Amount £m. 31st December, 1962 … … British Transport Commission … … … 487.4 31st March, 1965 … … National Coal Board … … … … 415.0* 31st March, 1965 … … British Overseas Airways Corporation … … 110.0† 31st March, 1968 … … British European Airways … … … … 25.0 31st December, 1968 … … British Railways Board … … … … 1,262.1‡ 31st December, 1968 … … British Waterways Board … … … … 15.5 1st January, 1970 … … London Transport Board … … … … 269.8 2,584.8 * Including £116 million in respect of revenue losses. † Including £30 million reconstituted as a reserve, which has since been recapitalised. ‡ Including £705 million debt suspended under the Transport Act 1962 and finally written off under the Transport Act 1968.