§ Mr. Altonasked the Chancellor of the Exchequer what is the total income anticipated from the sale of state assets over the next two years.
§ Mr. MooreThe main categories of disposals are as follows:
- (i) Projected proceeds from privatisation accruing directly to the Exchequer are shown in table 2.11 of Cmnd. 9702–11.
- (ii) Nationalised industries' forecast receipts from asset disposals, included in the total internal resources figures shown in tables 5.1 and 5.5 of Cmnd. 9702–II, are £184 million in 1986–87 and £159 million in 1987–88.
- (iii) Sales of land and buildings by central Government, local authorities, and new towns are forecast to be £2,313 million in 1986–87 and £2,170 million in 1987–88; these figures are consistent with those for net sales show in table 2.17 of Cmnd. 9702–II.