HC Deb 29 June 1993 vol 227 cc453-4W
Mr. Battle

To ask the Chancellor of the Exchequer what is the total value of the receipts accrued from the sale of nationalised industries for each year since 1979.

Mr. Dorrell

Privatisation proceeds—including from the sale of nationalised industries—from 1979–80 to 1992–93 were about £50 billion, shown in the table by year.

Privatisation proceeds
£ billion
1979–80 0.4
1980–81 0.2
1981–82 0.5
1982–83 0.5
1983–84 1.1
1984–85 2.1
1985–86 2.7
1986–87 4.5
1987–88 5.1
1988–89 7.1
1989–90 4.2
1990–91 5.3
1991–92 7.9
1992–93 8.1