HC Deb 26 July 1976 vol 916 c34W
Mr. Grylls

asked the Chancellor of the Exchequer whether he will list, expressed in sterling terms, the total sum of outstanding foreign currency borrowing for each nationalised industry and for all local authorities which are not covered by a guarantee under the exchange equalisation scheme: (a) calculated on the basis of the exchange rate prevailing at the end of the calendar month in which each loan was made and (b) calculated on the basis of the exchange rates prevailing at the close of business on 18th June 1976.

Mr. Robert Sheldon

Following is the information:

£ million at exchange rates prevailing at the end of the month when loans were taken out £ million at exchange rates at close on 18th June
Local authorities 30 50
National Coal Board 10 10
Electricity Council 40 75
South of Scotland Electricity Board 15 20
British Gas Corporation 10 20
Post Office 15 15
British Steel Corporation 165 220