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National Coal Board

Volume 12: debated on Monday 9 November 1981

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asked the Prime Minister, further to her speech in the debate on the Gracious Speech on 4 November, Official Report, column 24, if she will set out in the Official Report the items which add up to the subsidy this year of £1,100 million to the National Coal Board.

The National Coal Board's external financing limit for 1981–82 is £1,117 million. Within this figure, operating and deficit grants to the board will be some £450 million, with about a further £100 million of social grants. The balance of the board's financing needs will be met by loans, principally from the National Loans Fund.