§ Mr. Woofasked the Secretary of State for Industry what payments were made to each of the nationalised industries for which he is responsible for tasks undertaken by them which were not in their commercial interest, in each of the years 1973 to 1975.
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§ Mr. Gregor MackenzieThe Post Office has received payments in compensation for price restraint during the financial years 1972–73 and 1973–74 as follows:
1972–73 £9.7 million 1973–74 £123.5 million I regret that figures for the financial year 1974–75—ended 31st March 1975—are not yet available. No other payments of this nature are made to the nationalised industries for which my right hon. Friend is responsible.
§ Mr. Woofasked the Secretary of State for Industry what were the total borrowings of each of the nationalised industries for which he is responsible, at the latest available date.
§ Mr. Gregor MackenzieThe total borrowings of the nationalised industries for which my right hon. Friend is responsible, as at 31st March 1974, were as follows: British Steel Corporation £842 million; Post Office, £3,904 million.