HC Deb 31 January 1995 vol 253 cc551-2W
Mr. Matthew Taylor

To ask the Chancellor to the Exchequer what will be the effect on the public sector borrowing requirement of the expenditure on the Nirex rock characterisation facility.

Mr. Aitken

Nirex's estimate of the cost of constructing the rock characterisation facility is approximately £120 million at 1992 prices. This will be funded by Nirex's public sector shareholders, whose external financing requirements are included within the PSBR.

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