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Privatisation Receipts

Volume 202: debated on Friday 24 January 1992

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To ask the Chancellor of the Exchequer if he will list for each year from 1992–93 the total receipts for privatisations which have been carried out, including debt repayments, identifying the industry concerned in each case.

[holding answer 23 January 1992]: The equity proceeds expected to be received from 1992–93 for sales which have been carried out are shown in the following table. In addition, proceeds will be received in respect of BT loan stock, British Gas debt and the electricity companies' debt, although the precise timing of repayments depends on future decisions.

Privatisation proceeds
(£ 1million)
England and Wales2,124