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British Airways

Volume 111: debated on Thursday 26 February 1987

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18.

asked the Chancellor of the Exchequer what estimate he has made of the effect on the public sector borrowing requirement of the revenue raised by the sale of British Airways.

Proceeds from the sale of British Airways will reduce the public sector borrowing requirement by approximately £415 million in 1986–87 and by £410 million in 1987–88.