§ Mr. Roy Hughesasked the Chancellor of the Exchequer what is Her Majesty's Government policy towards meeting the costs of insurance of nationalised industries.
§ Mr. MacGregorAll costs arising in the course of the industries' operations are taken into account in the annual investment and financing review, which determines their external financing provision. The results of the review are published in the public expenditure White Paper.
§ Mrs. Clwydasked the Chancellor of the Exchequer if he will make a statement on the Government's policy on insurance provision for nationalised industries.
§ Mr. MacGregorThe appropriate insurance provision for the nationalised industries is a matter for the commercial judgment of the industries' boards. Details of the policies on provision for insurance which they have adopted are normally set out in the industries' annual reports and accounts.