HC Deb 07 December 1981 vol 14 c318W
Mr. Rowlands

asked the Chancellor of the Exchequer what assumption he has made in the statement of 2 December about the capital sums received as a result of privatisation measures in 1982–83 relating to (a) the British National Oil Corporation, (b) British Gas and (c) Amersham International.

Mr. Brittan

Table 2 of the statement circulated in theOfficial Report for 2 December included a single global allowance of £3.3 billion for various adjustments to the public expenditure planning total for 1982–83. These adjustments included those attributable to receipts from special asset sales.

It is not however possible to give a separate estimate of these receipts at this stage, nor is it practicable to provide details of individual disposals in advance, given market uncertainties. The Government's provision for estimated total receipts from special asset sales in 1982–83 will be given in the public expenditure White Paper.