§ Mr. Nicholas Wintertonasked the Secretary of State for the Home Department if he will make a statement on the planned cost of the new channel 4 television station.
§ Mr. MayhewThe financial arrangements for the fourth television channel are, under and subject to the relevant provisions of the Broadcasting Act 1981, the responsibility of the Independent Broadcasting Authority. The authority has established a subsidiary company, the Channel Four Television Company Ltd., to assemble the programmes for the fourth channel service. On 31 July 1981, the authority announced that the operating budget of the company from its establishment on 1 January 1981 until 31 March 1983 would be £104 million.