HC Deb 22 March 1988 vol 130 cc95-7W
Mr. David Shaw

To ask the Chancellor of the Exchequer what were the financial costs to the Exchequer of(a) British Leyland/Austin Rover Group, (b) British Coal and (c) all other deficit-producing nationalised corporations for each of the years from 1970 to 1987; and what is the forecast for 1988.

Mr. Norman Lamont

The information requested is as follows:

Per cent.
Higher rate
1978–79 40, 45, 50, 55, 60, 65, 70, 75, 83
1979–70 to 1987–88 40, 45, 50, 55, 60
Investment income surcharge
1978–79 10, 15
1979–80 to 1983–84 15

(£ million at outturn prices)
Rover BCC Other deficit NIs
1970–71 — (36) 89
1971–72 — 118 212
1972–73 — 175 391
1973–74 — 681 150
1974–75 — 78 202
1975–76 246 128 1,142
1976–77 100 (1) 159
1977–78 295 159 991

Rover BCC Other deficit NIs
1978–79 67 432 1,203
1979–80 150 336 1,446
1980–81 300 711 1,961
1981–82 S20 1,991 4,380
1982–83 370 663 2,702
1983–84 90 1,033 1,635
1984–85 — 1,912 1,774
1985–86 — 104 1,668
1986–87 680 672 1,109