HL Deb 28 February 1980 vol 405 cc1673-4WA
Baroness VICKERS

asked Her Majesty's Government:

What financial aid in grants or loans has been given to the National Coal Board?

The Earl of GOWRIE

The 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:

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
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
£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.