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Written Answers to Questions
Friday 8th May 1992
TRANSPORT
British Rail (Finance)
Mr. David Porter : To ask the Secretary of State for Transport what the expected outturn is for British Rail's external finances for 1991-92 ; what will be the public service obligation cash ceiling for 1992-93 ; and if he will make a statement.
Mr. MacGregor : The information is as follows :
(a) British Rail's external financing requirement for 1991-92 was £1,446 million. This represented an undershoot of £76 million on the revised limit of £1,522 million. BR has exceptionally been given permission to carry forward £55 million of this undershoot, which results from delays in the delivery of rolling stock, to 1992-93. The external finance limit for 1992-93 has therefore been increased by £55 million to £2,096 million. BR will publish full details of the 1991-92 financial year in its annual report and accounts in early summer.
(b) The PSO cash ceiling for 1992-93 has been set at £1,040 million.
ENVIRONMENT
Flats over Shops Initiative
Mr. David Porter : To ask the Secretary of State for the Environment who will receive grant aid under the flats over shops initiative for 1992- 93 ; and at what levels.
Sir George Young : Fifty-eight authorities in England will receive flats over shops grant aid totalling £5,027,500 for 1992-93. These are :
Flats over shops proposed allocations 1992-93
Region and Local Authority |Allocation
|£
-----------------------------------------------------------------------------------
Eastern
Aylesbury Vale DC |44,000
Ipswich BC |88,400
Luton BC |60,000
North Bedfordshire BC |29,700
South Norfolk DC |7,500
St. Albans DC |16,500
Waveney DC |80,000
Wycombe DC |156,100
|-------
|482,200
East Midlands
Boston BC |22,500
Chesterfield BC |57,500
Gedling BC |30,000
Leicester CC |198,000
South Kesteven DC |191,100
|-------
|499,900
London
London Borough Bexley |46,400
London Borough Camden |231,500
London Borough Harrow |104,000
London Borough Hillingdon |48,700
London Borough Lambeth |236,500
London Borough Southwark |155,000
Westminster CC |220,000
|-------
|1,042,100
Northern
Alnwick DC |80,000
Derwentside DC |130,000
Newcastle Upon Tyne CC |67,000
Tynedale BC |138,000
Wear Valley DC |85,000
|-------
|500,000
North West
Barrow in Furness BC |27,300
Carlisle CC |35,100
Crewe and Nantwich BC |133,900
Chester CC |3,800
Ellesmere Port and Neston BC |56,600
Sefton MBC |97,300
South Lakeland DC |63,700
Trafford BC |93,000
|-------
|510,700
South East
Elmbridge BC |60,000
Guildford BC |40,000
Hart DC |45,000
Hastings BC |100,000
Horsham DC |20,000
Hove BC |55,000
Newbury DC |144,000
Worthing BC |44,900
|-------
|488,900
South West
North Dorset DC |76,000
Penwith DC |65,000
Restormel BC |11,200
Salisbury DC |26,200
Stroud DC |27,300
Torbay BC |200,000
West Dorset DC |82,000
|-------
|487,700
Yorkshire and Humberside
Bradford MBC |100,000
Hull CC |116,000
Leeds CC |100,000
Sheffield CC |200,000
|-------
|516,000
West Midlands
Sandwell MBC |200,000
Solihull MBC |52,500
Staffordshire Moorlands DC |53,500
Worcester CC |72,000
Wrekin DC |122,000
|-------
|500,000
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HEALTH
1991 Census
Mr. Barry Field : To ask the Secretary of State for Health when the first computer-processed results from the 1991 census will be published.
Mr. Sackville : In his reply to my hon. Friend the then Member for Nottingham, South (Mr. Brandon-Bravo) on 5 March 1992 at columns 272-73, my hon. Friend the then Parliamentary Under-Secretary of State for Health announced a provisional revised timetable for the county and regional monitors, and for part 1 of the county and regional reports and associated statistical products.
Publication of these results is now under way. The first county monitor, that for the Isle of Wight, is published today by the Office of Population Censuses and Surveys in a 1991 census county monitor. Copies of all the census monitors and reports will be placed in the Library as they are published.
TRADE AND INDUSTRY
Export Credits Guarantee Department
Mr. Butterfill : To ask the President of the Board of Trade whether the Export Credits Guarantee Department will be seeking an advance from the Contingencies Fund, against a summer supplementary estimate.
Mr. Needham : Parliamentary approval is being sought for a supplementary estimate class IV, vote 5 ECGD :
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export finance assistance, for additional provision of £1.2 million to meet a final claim under the cost escalation facility. This facility was closed to new business in 1984.Pending approval by Parliament of the supplementary estimate, the expenditure concerned will be financed by a repayable advance from the Contingencies Fund.
British Technology Group
Mr. Butterfill : To ask the President of the Board of Trade if he will place in the Library details about the sale of the British Technology Group.
Mr. Sainsbury : The sale of the British Technology Group to a consortium led by CIN Venture Managers and BTG's management and employees was completed on 31 March 1992.
The sale proceeds totalled £27.75 million, with the possibility of further payments to Her Majesty's Government arising from the level of cash and net current assets at the time of completion, and from payments under a mechanism for the clawback of 60 per cent. of revenues in excess of those forecast on BTG's business plan over the next five years.
A document has been placed in the Library containing copies of : the sale and purchase agreement ; of the articles of association of British Technology Group Ltd. and of its holding company, British Technology Group International plc, in each of which the Secretary of State holds a special share ; and a schedule listing the institutional investors in BTG.
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