HC Deb 18 February 1971 vol 811 cc554-5W
Mr. Bishop

asked the Secretary of State for Trade and Industry what is the capital indebtedness of the National Coal Board and what is the annual amount paid in interest; and if he will give permission to the National Coal Board to retain the capital raised by Her Majesty's Government's enforced sale of the board's non-coal producing assets.

Mr. Ridley

At the end of the National Coal Board's last financial year the Board's capital indebtedness, apart from bank overdrafts, was £667.8, consisting of net loans from the Government. The interest payable on Government loans during the year was £37.0 million. On the second point, I cannot anticipate the outcome of the review of non-colliery activities for which the Coal Bill provides.

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