Local Authorities (Capital Receipts)

HC Deb 16 January 1989 vol 145 c15W

Mr. Barry Jones

To ask the Secretary of State for Wales if he will publish the amount of accumulated capital receipts held by local authorities at the end of 1987–88; and if he will make a statement.

Mr. Peter Walker

The total amount of accumulated capital receipts held by local authorities at the end of 1987–88 was £472 million.