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Privatisation Proceeds

Volume 520: debated on Tuesday 12 June 1990

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asked Her Majesty's Government:What has been the total (gross) figure realised in "privatisation" sales since 1979.

Net privatisation proceeds since 1979 amount to some £28 billion. Taking account of privatisation costs of £1 billion and of cash injections made at the time of sale of £3½ billion, the figure for gross proceeds is £32½ billion.