HC Deb 15 February 1971 vol 811 c372W
Mr. Golding

asked the Secretary of State for Trade and Industry what target percentage return on capital has been set for the National Coal Board for the present year; and how that target has been calculated.

Sir J. Eden

As the right hon. Member the then Minister of Power said in the House on 24th July, 1969, the National Coal Board's financial objective for the current and previous year is to break even, taking the two years together. It was set in the light of an assessment of the Board's prospects over that period.