§ Lord Kennetasked Her Majesty's Government:
What has been the total (gross) figure realised in "privatisation" sales since 1979.
The Paymaster General (The Earl of Caithness)Net privatisation proceeds since 1979 amount to some £28 billion. Taking account of privatisation costs of £1 billion and of cash injections made at the time of sale of £3½ billion, the figure for gross proceeds is £32½ billion.