HC Deb 28 July 1989 vol 157 c1123W
Mr. Canavan

To ask the Chancellor of the Exchequer what has been the total income to the Treasury since May 1979 from(a) North sea oil revenues and (b) privatisation of publicly owned assets.

Mr. Norman Lamont

The figures requested are given in the table below:

£ billion
North Sea Oil Revenues Privatisation proceeds
1979–80 2.3 0.4
1980–81 3.7 0.4
1981–82 6.5 0.5
1982–83 7.8 0.5
1983–84 8.8 1.1
1984–85 12.0 2.2
1985–86 11.3 2.7
1986–87 4.8 4.4
1987–88 4.7 5.1
1988–89 3.2 7.0

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