§ Mr. MorganTo ask the Chancellor of the Exchequer if, pursuant to his answer of 24 January,Official Report, column 388, he will outline the reasons underlying the decision to treat differently the financing arrangements of British Nuclear Fuels and Nuclear Electric.
§ Mr. Mellor[holding answer 31 January 1992]: Nuclear Electric is classified to the public sector. Its requirement for external finance thus counts toward the public sector borrowing requirement. British Nuclear Fuels is classified to the company sector. Its requirement for finance will only count to the public sector borrowing requirement to the extent that it is met by lending or other forms of financial support from the public sector.