Asset Sales (Hansard, 6 April 1989)

HC Deb 06 April 1989 vol 150 cc245-6W 245W

§ 18. Mr. Matthew Taylor
To ask the Chancellor of the Exchequer how much of the Budget surplus is attributable to asset sales.
246W

§ Mr. Lawson
The PSDR in 1988–89 is expected to be £14 billion, or 3 per cent. of GDP. Even excluding privatisation proceeds, the PSDR would have been £7 billion, equivalent to 1½ per cent. of GDP, only the second net repayment on this basis in any year since the beginning of the 1950s—the earliest date for which comparable figures are available.