HC Deb 26 April 1983 vol 41 cc288-9W
Mr. Christopher Price

asked the Chancellor of the Exchequer what was the proportion of the gross national product made up by (a) central Government capital expenditure and (b) local government capital expenditure in each year from 1973–74 to 1982–83; and what is the planned figure for 1983.

Mr. Brittan

[pursuant to his reply, 25 April 1983, c. 208]: The available information is given in the following table. It is not possible to extend these series back before 1976–77 without incurring disproportionate costs.

attributed to the special sales of assets programme are published annually in the public expenditure White Paper. The following table does not include receipts attributed to special sales of assets but shows receipts from sales of land and buildings by central Government and local authorities, excluding loan repayments, and those receipts from the sale of capital assets by nationalised industries which are reported centrally and included in the public expenditure White Paper as part of the industries' internal resources.

Figures for sales of plant and machinery by central Government and local authorities are not available centrally.

£ million cash
1978–79 1979–80 1980–81 1981–82 1982–83
Receipts from sales of land and building*
—Central Government 52.0 77.2 132.5 120.6 129.9
—Local Authorities 492.3 698.7 1,023.5 1,832.2 2,433.6
Receipts from sale of Capital Assets by
Nationalised Industries† 100.8 205.0 187.4 251.0 357.2
* These figures exclude receipts included in Special Sales of Assets.
† These figures include only those receipts reported centrally as forming part of industries' internal resources.

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