HC Deb 22 January 1981 vol 997 c230W
Mr. Grylls

asked the Chancellor of the Exchequer, following his written answer to the hon. Member for Eastleigh (Sir D. Price), 8 December 1980, whether an increase in borrowing on a day-to-day basis by a nationalised industry operating at a loss is (a) public expenditure or (b) part of the public sector borrowing requirement.

Mr. Brittan

Such borrowing both increases the public sector borrowing requirement and the public expenditure planning total.

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