HC Deb 24 January 1985 vol 71 cc487-8W
Mr. Corbyn

asked the Secretary of State for Energy what amount of money has been paid to the Government by the gas and electricity boards, respectively, in each year since 1979.

Mr. Buchanan-Smith

Moneys paid to the Government by each industry were as follows:

British Gas Corporation
Financial Year Corporation Tax

£ million

Gas levy

£ million

Net Repayment of Government Loans

£ million

1979–80 109
1980–81
1981–82 154 383
1982–83 196 471
1983–84 234 522

Electricity Industry in England and Wales
Financial Year Net Repayment of Government Loans

£ million

Interest payments on outstanding loans less discount

£ million

1979–80 (-)837 274
1980–81 (-)296 412
1981–82 449 464
1982–83 (-)25 387
1983–84 857 379
(-) Negative repayments represent additional borrowing.

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