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British Airports Authority

Volume 87: debated on Monday 18 November 1985

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asked the Secretary of State for Transport what has been the financial provision by the Government for the British Airports Authority, distinguishing between revenue and capital allocations, for each year since 1965.

The financial provision by the Government for the British Airports Authority since it was created in 1965 has consisted of a commencing capital debt of £52·91 million, of which the amount outstanding at 31 March 1985 was £38·8 million and NLF loans totalling £19 million, of which the amount outstanding at 31 March 1985 was £9·4 million.The details are shown in the following table:

Loans
1966–67
1967–682
1968–693
1969–701
1970–71
1971–72
1972–73
1973–74
1974–75
1975–768
1976–77
1977–78
1978–79
1979–80
1980–81
1981–825
1982–83
1983–84
1984–85
In addition, the Government made capital grants totalling £24 million for the development of Edinburgh and Aberdeen airports following their acquisition by the authority in April 1971 and January 1975.