The Rt. Hon. Sir John Major KG CH

Prime Minister of Great Britain and Northern Ireland 1990-1997

Chief Secretary (1987-1989)

Mr Major’s Written Parliamentary Answer on Trading Fund Status – 27 January 1988

Below is the text of Mr Major’s written Parliamentary Answer on Trading Fund Status on 27th January 1988.


Mr. Lord To ask the Chancellor of the Exchequer if, in the light of the establishment of the Atomic Energy Authority as a trading fund, any other authorities or Government organisations will be brought into the category of a trading fund.

Mr. Major Trading fund status is an option for organisations whose operations make it a suitable method of financing. There are no firm proposals to establish additional trading funds at present, but cases will continue to be considered on their merits.