HC Deb 21 February 1979 vol 963 cc196-200W
Mr. Wigley

asked the Chancellor of the Exchequer what was the identifiable public expenditure in England, Scotland and Wales, respectively, expressed in £ million and in £ per capita, on Government lending to the nationalised industries during each of the last three years, analysing the expenditure by each industry.

Mr. Joel Barnett

The table below shows figures of identifiable public expenditure on Government lending to nationalised industries in England, Scotland and Wales, respectively, in £ million and £ per head, for 1975–76 to 1977–78. The figures are consistent with those given in the answer to my hon. Friend the member for Gravesend (Mr. Ovenden) 17 January 1979.—[Vol. 960, cc. 781–94.] Total Government net lending to nationalised industries is allocated to countries, industry by industry, pro rata to their identifiable capital investment, and the amounts attributed to each country fluctuate from year to year because of the variability both of the aggregate lending figures and of the incidence of expenditure on large capital projects in particular countries. Not all of the industries' investment, and therefore not all Government lending to them, is allocated to particular countries.

GOVERNMENT LENDING TO NATIONALISED INDUSTRIES
£million (at current prices)
1975–76 1976–77 1977–781
England Scotland Wales England Scotland Wales England Scotland Wales
National Coal Board 93 7 15 −5 * —1 79 1 15
Electricity (England and Wales) 90 5 −303 −16 −108 −6
North of Scotland Hydro-Electricity Board −15 −17 39
South of Scotland Electricity Board 1 −30 13
British Gas Corporation −39 −29 −1 −84 −37 −4 −334 −175 −16
British National Oil Corporation
British Steel Corporation 281 82 73 299 92 110 527 182 211
Post Office 25 2 2 −29 −3 −2 −29 −3 −2
British Airways Board 15 * 1 −12 −1 −1 −10 −1 —1
British Airports Authority 6 2 −1 * −1 *
British Railways Board 49 8 2 −4 —1 * 1 *
British Transport Docks Board −6 * −1 −5 * −1
British Waterways Board 1 1 1
National Freight Corporation 15 6 1
National Bus Company 17 2 4 1
Scottish Transport Group −1 −2 −2
British Aerospace 44
British Shipbuilders
Total 553 63 99 −141 1 85 164 54 200

£per head
1975–76 1976–77 1977–78
England Scotland Wales England Scotland Wales England Scotland Wales
National Coal Board 2 1 5 2 5
Electricity (England and Wales) 2 2 −7 −6 −2 −2
North of Scotland Hydro-Electricity Board −3 −3 8
South of Scotland Electricity Board * −6 3
British Gas Corporation −1 −6 * −2 −7 −1 −7 −34 −6
British National Oil Corporation
British Steel Corporation 6 16 26 6 18 40 11 35 76
Post Office 1 * 1 −1 −1 −1 —1 −1 —1
British Airways Board * * * * * * * * *
British Airports Authority * * * * * *
British Railways Board 1 1 1 * * * * *
British Transport Docks Board * * * * * *
British Waterways Board * * *
National Freight Corporation * 1 *
National Bus Corporation * 1 * *
Scottish Transport Group British Aerospace British Shipbuilders * * *
1
Total 12 12 36 −3 * 31 4 10 72
* Less than £0.5 million or £0.5 per head, as appropriate.
Provisional.
The figures are independently rounded and may therefore not sum to totals.
None of the capital expenditure by the British National Oil Corporation, and therefore none of the Government lending to them is allocated to particular countries.