British Airways

HC Deb 26 February 1987 vol 111 c368W

18. Mr. Norman Atkinson

asked the Chancellor of the Exchequer what estimate he has made of the effect on the public sector borrowing requirement of the revenue raised by the sale of British Airways.

Mr. Ian Stewart

Proceeds from the sale of British Airways will reduce the public sector borrowing requirement by approximately £415 million in 1986–87 and by £410 million in 1987–88.