§ 82. Mr. Michael McNair-Wilson
asked the Secretary of State for the Environment whether he will make a further statement 375W about the disposal of the subsidiary companies of the Transport Holding Company.
§ Mr. Peyton
The Holding Company have already disposed of their interest in the Penarth Dock Engineering Company, they have appointed a receiver for Skyways, and they hope shortly to complete the sale of Lunn-Poly to Cunards. The sale of Cook's must await legislation. The operations of the remaining subsidiary, Pickfords Travel Service Ltd., are integrated with those of other Pick-ford companies owned by the National Freight Corporation to which, with the agreement of both Chairmen, I propose to transfer it. The necessary Order under Section 53 of the Transport Act, 1968 will be laid before Parliament soon.