HC Deb 18 May 1982 vol 24 c70W
Mr. McKelvey

asked the Secretary of State for the Environment how much public expenditure is invested each year in the new towns.

Sir George Young

The forecast outturn of net public capital investment by the English new towns in 1981–82 is £105 million—after deducting receipts from special disposals. The provision for 1982–83 is £112 million.

Mr. McKelvey

asked the Secretary of State for the Environment what is the total sum realised so far through the sale of the assets of the new towns.

Sir George Young

New towns have been selling assets since their inception in 1946. A total figure is not available. The English new towns have realised £356 million from the sale of assets since April 1979.