The question of the application of to gas, electricity and water undertakings this principle had been complicated by another question. It has been agreed that undertakings which cannot maintain an essential service without financial assistance should receive such assistance by way of loan, and that the assistance should be sufficient to enable them to meet charges on secured borrowings, but not on other capital. There has, however, been no intention of giving anything by way of compensation for loss of earnings, or of enabling dividends to be paid on ordinary or preference capital.
- Civil Defence Region
- Nationwide
- Collection ID
- CAB71
- Document Reference
- CAB 71/4/65
- Document Types
- Memorandum
- File Reference
- CAB 71/4
- Former Department Reference
- LP(41) 138
- Identifier
- 10.1080/wtss.cab71.000004.065
- Keywords
- Amenities Civil Consumption Compensation Cost of Living Electricity Gas Interest Rates Loans National Budget Price Controls Prices Subsidies Water Supply
- Language
- English
- Organizations Discussed
- HM Treasury Lord President's Committee
- Pages
- 2
- Published in
- United Kingdom
- Series
- Papers Nos. 76(41) - 158(41)
- Themes
- Rationing Supply Licensing Price Control Fuel Utilities
