§ Mr. Kenneth Bakerasked the Chancellor of the Exchequer what sums of public expenditure as defined in Cmnd. 7439 were paid between 1974–75 and 1979–80, or the latest year for which figures are available to each nationalised industry; what sums of capital debt and
NATIONALISED INDUSTRIES Net borrowing in the period April 1974 to March 1979 Net Government Lending Overseas and market borrowing† £ million £ million Outturn prices 1979 survey prices Outturn prices 1979 survey prices National Coal Board 408 438 645 766 Electricity (England and Wales) —128 —15 453 642 Electricity (Scotland) 13 22 204 304 British Gas Corporation —1,365 —1,426 143 203 British National Oil Corporation‡ 443 542 421 465 British Steel Corporation 2,441 2,818 699 975 Post Office 323 584 273 499 British Airways Board 106 173 43 39 British Airports Authority 5 8 — — British Railways Board 97 131 67 79 British Transport Docks Board —33 —35 — — British Waterways Board 3 3 — — National Freight Corporation 31 49 2 7 National Bus Company 38 55 — — Scottish Transport Group —5 —5 1 1 British Aerospace 42 46 — — British Shipbuilders 55 55 34 37 Totals 2,474 3,443 2,985 4,017 * Including public dividend capital and issues under section 18 of the Iron and Steel Act 1975. † Other than short-term. ‡ Includes finance from royalty and licence fee revenues in the National Oil Account. Notes:
1. The above totals represent about £270 (£370 at 1979 survey prices) per United Kingdom household.
2. For details in respect of grants — subsidies, compensation and other payments—and capital debt and revenue deficits written-off, see written answer of 15 February 1980.—[Vol 978, 821–22.]