Skip to main content

Return On Capital

Volume 205: debated on Tuesday 3 March 1992

The text on this page has been created from Hansard archive content, it may contain typographical errors.

To ask the Chancellor of the Exchequer if he will publish a table showing the average real rate of return on capital invested in British industry over the following periods: (a) 1964–1973, (b) 1973–1979 and (c) 1979–1989.

The average net real rates of return on capital employed by United Kingdom industrial and commercial companies are estimated as follows:

Per cent.
(a) 1964–739·9
(b) 1973–796·5
(c) 1979–898·9
The figure for each year may be found in the Central Statistical Office Bulletin 70/91, a copy of which is in the Library.
Debt written oft prior to privatization
PrivatisationAmount £Type of debt
British Aerospace60,000,000Public Dividend Capital
National Freight Corporation1100,000,000National Loans Fund
British Transport Docks Board281,293,616National Loans Fund
British Telecommunications2,789,865,772National Loans Fund
British Airways160,000,000Fund Public Dividend Capital
BAA43,503,340National Loans Fund
British Steel500,000,000Public Dividend Capital
British Steel3,480,000,000Borrowing under Iron and Steel Act 1982
Water Holding Companies4,973,332,672National Loans Fund
Water Holding Companies55,013,916Public Works Loan Board
Scottish Electricity Companies31,043,573,600National Loans Fund
1 Privatised as National Freight Consortium (now NFC).
2 Privatised as Associated British Ports.
3 Prior to privatisation, National Loans Fund debt due to the South of Scotland Electricity Board nuclear programme of £1,368,390,398 was transferred to Scottish Nuclear Ltd. and subsequently written off.