§ Mr. BettsTo ask the President of the Board of Trade what is the expected capital spending figure for his Department for 1994–95; and what is the latest budget figure. [30874]
§ Mr. Heseltine[holding answer 28 June 1995]: The estimated outturn for 1994–95 for trade and industry public sector capital expenditure is £1,297 million. This includes central Government's own capital expenditure, and the capital expenditure of local authorities and public corporations. As explained in paragraph 1.9 of Cm 2821, no departmental breakdown of capital spending by local authorities is available for 1995–96. Excluding local authority spending, planned public sector capital expenditure for 1995–96 is £1,120 million. These figures are consistent with those shown in table 1.7 of Cm 2821.