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66.
Mr. Canavan
To ask the Chancellor of the Exchequer what has been the total income to the Exchequer since May 1979 from (a) North sea oil revenues and (b) privatisations.
Mr. Maude
In the period from 1979–80 to 1989–90, North sea revenues amounted to some £67 billion. In the same period net privatisation proceeds amounted to some £28 billion.