§ Mr. HayesTo ask the President of the Board of Trade what change has been made to British Coal's external financing limit for 1996–97. [33971]
§ Mr. LangI have revised British Coal's external financing limit for 1996–97 from £104 million to £27 million. This reflects an overshoot of £41 million of the EFL for 1995–96, caused principally by the slippage into 1996–97 of certain asset disposals. The revised EFL also allows for higher proceeds from property sales.