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Mr. Skeet
asked the Chancellor of the Exchequer how the £9,562 million of advances to the nationalised industries made since 1945 and outstanding at 30th June, 1971, is made up; and whether he will give details of the capital debt and revenue deficits amounting to £2,585 million written off during that period.
| Date | Nationalised Industry | Amount | ||||||
| £m. | ||||||||
| 31st December, 1962 | … | … | British Transport Commission | … | … | … | 487·4 | |
| 31st March, 1965 | … | … | National Coal Board | … | … | … | … | 415·0* |
| 31st March, 1965 | … | … | British Overseas Airways Corporation | … | … | 110·0† | ||
| 31st March, 1968 | … | … | British European Airways | … | … | … | … | 25·0 |
| 31st December, 1968 | … | … | British Railways Board | … | … | … | … | 1,262·1‡ |
| 31st December, 1968 | … | … | British Waterways Board | … | … | … | … | 15·5 |
| 1st January, 1970 | … | … | London Transport Board | … | … | … | … | 269·8 |
| 2,584·8 | ||||||||
| * Including £116 million in respect of revenue losses. | ||||||||
| † Including £30 million reconstituted as a reserve, which has since been recapitalised. | ||||||||
| ‡ Including £705 million debt suspended under the Transport Act 1962 and finally written off under the Transport Act 1968. | ||||||||