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Government Assets

Volume 455: debated on Wednesday 10 January 2007

To ask the Chancellor of the Exchequer if he will break down by Government department the value of assets sold by central Government in (a) 2004-05, (b) 2005-06 and (c) 2006-07. (109995)

The table provides details of the value of assets sold by central Government departments in 2004-05 and 2005-06. Data for 2006-07 are not available.

Fixed asset disposals by departmental group, 2004-05 and 2005-061, sale value basis

£ million

Departmental group

2004-05 outturn

2005-06 outturn

CO

1

0

DCA

23

12

DCLG

159

179

DCMS

1

2

DEFRA

8

17

DfES

0

0

DfID

0

0

DfT

39

19

DH

233

532

DTI

24

29

DWP

17

13

FCO

8

20

HMRC

60

-17

HMT

45

12

HO

3

2

LD

0

6

MOD2

355

725

NAW

46

42

NIE

111

73

NIO

1

4

SE

3

3

Total central Government

1,138

1,673

Total local authorities3

5,169

4,207

Total fixed asset disposal receipts

6,308

5,879

1 Taken from COINS database, consistent with PBR 2006. 2006-07 data not available. 2 Excluding SUME which are classified as current in the National Accounts but capital in budgets. 3 Includes Housing Revenue Account that is no longer statistically classified to the LA sub sector. Note: Difference from PESA 06 due to: exclusion of police, inclusion of English Partnerships.

To ask the Chancellor of the Exchequer which 10 individuals, companies or organisations purchased the highest proportion of central Government assets sold in 2005-06 reported in table B21 of his 2006 pre-budget report; and what total value of assets each purchased. (109996)

HM Treasury does not hold information on the purchasers of individual assets from Departments.

To ask the Chancellor of the Exchequer whether his target for £30 billion of surplus asset sales by 2010-11 includes the sale of public sector assets in Scotland, Wales and Northern Ireland. (110029)

The £30 billion target for asset disposals includes the sale of public sector fixed assets in Scotland, Wales and Northern Ireland including those owned by the devolved administrations. However, in Scotland and Wales it is for the devolved Administrations to determine the amount of their asset sales.