Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

TheyWorkForYou

Menu

Privatisation Proceeds

Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 13th March 1997.

Alert me about debates like this

Photo of Mr William Waldegrave Mr William Waldegrave , Bristol West 12:00 am, 13th March 1997

The Red Book assumed privatisation proceeds of £1½ billion in 1998–99, reflecting the Government's continuing commitment to privatisation. Privatisation reduces borrowing and secures long-term benefits for UK taxpayers and consumers.