HC Deb 13 July 1979 vol 970 cc308-9W
Mr. Michael Brown

asked the Chancellor of the Exchequer what is the accumulated revenue deficit of the nationalised industries.

Mr. Biffen

The aggregate deficit to date is £1,920 million. This figure is based on the industries' published annual reports and accounts and excludes the 1978–79 results for some industries which have not yet been announced.