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Capital Receipts Initiative

Volume 297: debated on Thursday 10 July 1997

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To ask the Chancellor of the Exchequer on what date he intends to announce the respective shares which England, Scotland, Wales and Northern Ireland will receive from the additional allocations under the Capital Receipts Initiative in (a) 1997–98 and (b) 1998–99. [7268]

[holding answer 8 July 1997]: The shares which have been allocated to England, Scotland and Wales were announced separately on 3 July by the Minister of State for Local Government and Housing, and the Secretaries of State for Scotland and Wales. The allocations for these countries, and Northern Ireland, are:

£ million
1997–981998–99
England174.27609.94
Scotland12.4743.66
Wales9.5433.38
Northern Ireland3.7213.02
Total200.00700.00