HC Deb 23 February 1995 vol 255 c316W
Mr. Anthony Coombs

To ask the President of the Board of Trade what change has been made to the United Kingdom Atomic Energy Authority's external financing limit for 1994–95; and what corresponding change has been made to his Department's cash-limited vote.

Mr. Page

The United Kingdom Atomic Energy Authority's external financing limit for 1994–95 has been increased by £22,000,000 from minus £8,800,000 to plus £13,200,000. The revised financing requirement reflects, first, an adjustment of £14,200,000 to cover additional restructuring costs and, secondly, a budgetary adjustment of £7,800,000 resulting from recent changes in trading arrangements between my Department and the UKAEA.

To accommodate the increase to the UKAEA's external financing limit, my Department's cash limit for class IV, vote 1 has been reduced by £22,000,000 from £1,184,893,000 to £1,162,893,000 following reductions in spending on other DTI programmes. The increase will not therefore add to the planned total of pubic expenditure.

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