Baroness VICKERSasked Her Majesty's Government:
What financial aid in grants or loans has been given to the National Coal Board?
The Earl of GOWRIEThe following are the grants received by the National Coal Board in the period 1975/76–1978/79, with an estimate for the current financial year:
The Board also borrow money from Her Majesty's Government and from abroad, at commercial rates of interest, to finance their business.
1975/76 1976/77 1977/78 1978/79 1979/80 (Est.) £m £m £m £m £m 32.4 54.5 75.0 172.0 255.0
1975/76 1976/77 1977/78 1978/79 1979/80 £m £m £m £m £m NLF(i) 100.0 50.0 0 200.0 150.0 Foreign 122.3 184.3 136.3 178.5 200.0 (i) National Loan Fund advances, excluding temporary borrowing.