HC Deb 21 June 1977 vol 933 cc438-9W
Mr. Tim Renton

asked the Chancellor of the Exchequer whether he has any current plans to extend the concept and use of public dividend capital in the public corporations.

Mr. Joel Barnett

Public dividend capital—PDC—will continue to be available to those public corporations which already receive it. The role of PDC in the financing of the nationalised industries is one of a number of questions raised in the recent report by the NEDO which Ministers are examining in preparation for a White Paper on the nationalised industries later this year.

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