HC Deb 07 December 1971 vol 827 cc265-6W
39. Mr. Rost

asked the Chancellor of the Exchequer whether he will use the regulator now, as an immediate stimulus to consumer demand, to reduce unemployment while longer-term measures take effect, and to help stabilise the cost of living.

Name of Company Number of Shares
Beagle Aircraft Ltd. (in liquidation) 1,000,000 £1 Ordinary Shares.
British Petroleum Co. Ltd. 174,461,538 £1 Ordinary Stock,
1,000 £1 8% Cumulative First Preference Stock.
British Sugar Corporation 1,125,000 £1 Ordinary Shares.
Cable and Wireless Ltd. 30,000,000 £1 Shares.
Cammell Laird (Shipbuilding and Engineers) Ltd. 1,500,000 £1 Ordinary Shares*.
International Computers (Holdings) Ltd. 3,500,000 £1 "C" Ordinary Shares†.
Itabira Iron Ore Co. Ltd. (in liquidation) 61,200 £1 First Preference Shares,
380,000 £1 Second Preference Shares,
493,982 £1 Ordinary Shares.
Power Jets (R. & D.) Ltd. (in liquidation) 200,000 £1 Ordinary Shares.
Rolls Royce (1971) Ltd. 30,000,000 £1 Ordinary Shares.
SB (Realisations) Ltd.‡ 581,302 25p Ordinary Shares,
250,000 25p "A" Ordinary Shares,
42,050 5% Redeemable Cumulative £1 Preference Shares.
Suez Finance Company 645,591 FF 100 Capital Shares.
Toplis and Harding (Middle East) Ltd. 998 50p Shares.
Upper Clyde Shipbuilders Ltd. (in liquidation) 875,000 £1 Ordinary Shares,
7% Unsecured Loan Stock 1975 (£940,000)§.
Welsh Highland Light Railway Company (in liquidation) 5% Debenture (£35,774).
* The Public Trustee holds these shares on behalf of the Secretary of State for Trade and Industry.
† Only £0.35 million of this total is so far paid up. The balance of £3.15 million will not be paid until September, 1972.
‡ SB (Realisations) Ltd. is the holding company for the Government's shareholding in Short Brothers and Harland.
§ This Loan Stock is in Fairfields (Glasgow) Ltd. which is a wholly owned non-operative subsidiary of Upper Clyde Shipbuilders Ltd. In addition the Shipbuilding Industry Board holds 750,000 25p shares in Upper Clyde Shipbuilders Ltd.
(a)This table covers all shareholdings held by Government Departments except for a number of small groups of shares held mainly by the Ministry of Agriculture, Fisheries and Food in mixed agricultural enterprises such as agricultural co-operatives. The total nominal value of these shares is very small.
(b)Details of shareholdings held by nationalised industries and other public corporations are shown in their annual reports and accounts.
(c) Details of loans to the Private Sector are given in the National Loans Fund White Paper (Cmnd. 4635) and the monthly return showing transactions of the Consolidated Fund and National Loans Fund.

Mr. Higgins

I have nothing to add to what my right hon. Friend said on 2nd December.—[Vol. 827, c. 669–76.]