Written question asked by James Pawsey (Conservative), in the House of Commons. It was due for an answer on Wednesday, 12 June 1996. It was answered by Lord Waldegrave of North Hill (Conservative) on Wednesday, 12 June 1996 on behalf of the Treasury.

Treasury

Question: What estimate he has made of the total amount of public funds invested in the nationalised industries since 1966 in 1996 prices. - Including figures.

Answer: Mr. Pawsey: To ask the Chancellor of the Exchequer what estimate he has made of the total amount of public funds invested in the nationalised industries since 1966 in 1996 prices.[31926] Mr. Waldegrave: The total amount of capital expenditure by public corporations, which include the nationalised industries, from 1966-67 to 1994-95 was £358 billion at 1994-95 prices. Of that, £135 billion was financed by capital grants or net lending from the general government sector. No separate information on the nationalised industries is held for the earlier part of this period.

Secondary information