HC Deb 29 July 1983 vol 46 cc724-5W
Mr. Renton

asked the Chancellor of the Exchequer whether further steps are being take to enable nationalised industries—and other public corporations—to deposit their temporary surpluses within the public sector, as referred to in the Treasury minute in response to the 15th-35th reports from the Committee of Public Accounts of Session 1979–80, Cmnd. 8125.

Mr. Ridley

I have recently been examining the needs of the nationalised industries, and other public corporations, in this matter. A temporary deposit facility with the National Loans Fund, allowing them where appropriate to make deposits for between seven days and nine months is shortly to be introduced.