Living Standards (Hansard, 12 July 1994)

§ Mr. Austin Mitchell
To ask the Chancellor of the Exchequer what is Her Majesty's Government's policy on living standards.

External Financing Requirements

£ million

1980–81 1981–82 1982–83 1983–84 1984–85 1985–86 1986–87 1987–88 1988–89 1989–90 1990–91 1991–92

British Aerospace ¹-3.0 P P P P P P P P P P P

National Freight Company Ltd 10.0 7.0 P P P P P P P P P P

British Transport Docks Board 1.0 13.3 -11.8 P P P P P P P P P

Enterprise Oil n/a n/a n/a -65.0 -20.0 P P P P P P P

British Telecom -109.0 250.0 -323.0 -225.0 -341.0 P P P P P P P

British Shipbuilders (Warships) n/a n/a n/a n/a 78.0 P P P P P P P

British Nuclear Oil Corporation -217.0 -269.5 -59.7 9.5 42.7 31.3 P P P P P P

British Gas -409.0 39.0 -230.0 -45.0 -189.0 -190.0 -684.0 P P P P P

British Airways 304.0 167.7 -34.7 -173.8 -334.6 -211.3 -113.0 P P P P P

British Airports Authority 18.0 1.9 1.7 17.9 9.6 -21.0 17.4 -8.6 P P P P

National Bus Company 85.0 74.2 62.1 64.5 55.7 47.6 -18.7 -117.8 -1.9 P P P

British Steel 1,119.0 766.0 569.0 318.0 523.0 411.0 22.0 -290.0 -392.0 P P P

Water (England and Wales) n/a 280.1 291.3 350.0 286.4 207.5 106.8 34.1 11.2 -4.6 P P

Girobank ²n/a -3.5 -4.5 -11.7 -2.4 -3.1 -9.1 -18.9 -25.0 -16.9 P P

Electricity (England and Wales) 140.0 -221.2 -153.8 -485.0 522.9 -467.6 -1,325.0 -1,261.0 -1,773.0 -1,2620.0 -209.1 P

North of Scotland Hydro-Electric Board 42.0 -60.1 -2.0 -20.0 41.6 -39.3 -11.8 4.3 -9.5 33.1 2.8 -22.6

South of Scotland Electricity Board 32.0 127.7 127.3 253.0 285.1 229.1 235.7 124.3 132.5 -307.1 -108.9 -47.8

1BAe figure for 1980–81 up to 31 December 1980.

²Girobank was a part of the Post Office EFR in 1980–81.

P=Privatised.
n/a=Not applicable.

§ Mr. Hendry
To ask the Chancellor of the Exchequer what is the amount of corporation tax received from formerly publicly owned companies since each privatisation has taken place.

§ Mr. Dorrell
Corporation tax paid by formerly publicly-owned companies since 1987–88 is as follows:

Year £ billion

1987–88 1.5

1988–89 1.6

1989–90 1.5

1990–91 2.1

1991–92 2.3

1992–93 2.3

1993–94 1.9

External Financing Requirements
£ million
	1980–81	1981–82	1982–83	1983–84	1984–85	1985–86	1986–87	1987–88	1988–89	1989–90	1990–91	1991–92
British Aerospace	¹-3.0	P	P	P	P	P	P	P	P	P	P	P
National Freight Company Ltd	10.0	7.0	P	P	P	P	P	P	P	P	P	P
British Transport Docks Board	1.0	13.3	-11.8	P	P	P	P	P	P	P	P	P
Enterprise Oil	n/a	n/a	n/a	-65.0	-20.0	P	P	P	P	P	P	P
British Telecom	-109.0	250.0	-323.0	-225.0	-341.0	P	P	P	P	P	P	P
British Shipbuilders (Warships)	n/a	n/a	n/a	n/a	78.0	P	P	P	P	P	P	P
British Nuclear Oil Corporation	-217.0	-269.5	-59.7	9.5	42.7	31.3	P	P	P	P	P	P
British Gas	-409.0	39.0	-230.0	-45.0	-189.0	-190.0	-684.0	P	P	P	P	P
British Airways	304.0	167.7	-34.7	-173.8	-334.6	-211.3	-113.0	P	P	P	P	P
British Airports Authority	18.0	1.9	1.7	17.9	9.6	-21.0	17.4	-8.6	P	P	P	P
National Bus Company	85.0	74.2	62.1	64.5	55.7	47.6	-18.7	-117.8	-1.9	P	P	P
British Steel	1,119.0	766.0	569.0	318.0	523.0	411.0	22.0	-290.0	-392.0	P	P	P
Water (England and Wales)	n/a	280.1	291.3	350.0	286.4	207.5	106.8	34.1	11.2	-4.6	P	P
Girobank	²n/a	-3.5	-4.5	-11.7	-2.4	-3.1	-9.1	-18.9	-25.0	-16.9	P	P
Electricity (England and Wales)	140.0	-221.2	-153.8	-485.0	522.9	-467.6	-1,325.0	-1,261.0	-1,773.0	-1,2620.0	-209.1	P
North of Scotland Hydro-Electric Board	42.0	-60.1	-2.0	-20.0	41.6	-39.3	-11.8	4.3	-9.5	33.1	2.8	-22.6
South of Scotland Electricity Board	32.0	127.7	127.3	253.0	285.1	229.1	235.7	124.3	132.5	-307.1	-108.9	-47.8
1BAe figure for 1980–81 up to 31 December 1980.
²Girobank was a part of the Post Office EFR in 1980–81.

Year	£ billion
1987–88	1.5
1988–89	1.6
1989–90	1.5
1990–91	2.1
1991–92	2.3
1992–93	2.3
1993–94	1.9