§ 56. Mr. Arthur Lewisasked the Chancellor of the Exchequer, in view of the fact that the deputy chairman of the Board of Customs and Excise has informed Littlewoods Pools that value added tax will not apply to football pools agents with over £5,000 per annum income, if he will take steps to ensure that those local offices that have given contrary advice to manufacturers' agents make an appropriate correction.
§ Mr. HigginsI would refer the hon. Member to the answer given on 18th December to a Question by the hon. Member for Heywood and Royton (Mr.
Date Nationalised Industry Amount 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 1st March 1972 … … British Steel Corporation … … 200.0§ 15th September 1972 … … British Steel Corporation … … 150.0 TOTAL … … £2,934.8 Notes: * 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. § Public dividend capital transferred to reserve to fund the write-off of the accumulated deficit at 31st March 1972. Provisions authorising further write-offs in respect of the Post Office Corporation and the National Coal Board are contained in the Post Office (Borrowing) Bill and the Coal Industry Bill, now before Parliament.