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Public Dividend Capital Receipts

Volume 895: debated on Monday 7 July 1975

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asked the Chancellor of the Exchequer what have been the payments to the Government from public dividend capital over the last ten years.

Following is the information in respect of the only four bodies to which public divided capital has been issued:

DIVIDENDS RECEIVED ON PUBLIC DIVIDEND CAPITAL
£ million
1965196619671968196919701971197219731974
British Steel Corporation*15·9
British Overseas Airways Corporation3·55·310·012·513·04·93·3
British Airways Board*4·4*6·1
Industrial Re-organisation Corporation0·80·5
* Net of Advance Corporation Tax.