§ Mr. Bishop
asked the Minister of Power, what has been the total capital investment in the coal industry since nationalisation; what portion of this sum was spent on new pits, major reconstruction and miners' housing, respectively; and what sum has been paid in interest and capital during that period.
§ Mr. Frederick Lee
The total capital investment in the period January, 1947, to March, 1964, was £1,253 million, including £137 million spent on new sinkings and new drifts, £371 million on major reconstructions costing over £¼ million each, and £42 million on new housing for miners. Interest amounted to £442 million and there was no net repayment of capital during the period.