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Mr. Tebbit
asked the Secretary of State for Industry if he will list the overseas borrowings of the nationalised industries for which he is responsible in each of the last 10 years, together with the value of their exports for the same years and the value of their imports of capital goods and services.
Mr. Meacher
The information is as follows:
| BRITISH STEEL CORPORATION (established 1967) | |||||||||
| (£ million) | |||||||||
| March 1967/September 1968 | October 1968/September 1969 | September 1969/March 1970 | 1970–71 | 1971–72 | 1972–73 | 1973–74 | 1974–75 (to date) | ||
| Overseas Borrowing | … | — | — | — | — | — | — | 47 | 215 |
| Export Sales* | … | 193·8 | 190·1 | 106·2 | 233·5 | 264·9 | 214·7 | 225·6 | Not available |
| POST OFFICE | ||||||||||||||
| (£ million) | ||||||||||||||
| 1964–65 | 1965–66 | 1966–67 | 1967–68 | 1968–69 | 1969–70 | 1970–71 | 1971–72 | 1972–73 | 1973–74 | 1974–75 (to date) | ||||
| Overseas Borrowing | … | — | — | — | — | — | — | 7·5 | 2·1 | — | 212·6 | 217·4 | ||
| Imports † | … | … | … | 0·8 | 1·2 | 1·1 | 1·3 | 1·7 | 2·5 | 4·7 | 3·7 | 14·5 | 6·6 | Not available |
| Exports | … | … | … | Not available | 0·2 | 0·3 | 0·6 | 0·6 | 0·6 | 0·6 | 0·8 | Not available | ||
| * Excludes sales to overseas subsidiaries. | ||||||||||||||
| † Figures do not include adjustments between administrations in connection with normal international posts and telecommunications services. | ||||||||||||||