HC Deb 26 July 1976 vol 916 cc85-6W
Sir P. Kirk

asked the Secretary of State for Industry how many industries: (a) are wholly owned by the Government or their appointed authorities, (b) have a majority shareholding owned by the Government or its appointed authorities, and (c) have a minority shareholding owned by the Government or their appointed authorities; and if he will list them.

Mr. Les Huckfield

The following is the information for those industries or companies for which my right hon. Friend or authorities appointed by him have responsibility:

Public Corporations

  • British Steel Corporation
  • Post Office

Majority Shareholdings1

  • Appledore Shipbuilders Limited
  • Beagle Aircraft Limited (in liquidation)
  • British Leyland Limited2
  • Cable & Wireless Limited3
  • Data Recording Instrument Company Limited2
  • Govan Shipbuilders Limited
  • Herbert Limited2
  • KTM Machine Tools (Holdings) Limited
  • North East Coast Shiprepairers Limited
  • Rolls-Royce (1971) Limited2
  • SB (Realisations) Limited
  • Sunderland Shipbuilders Limited

Minority Shareholdings1

  • Anglo-Venezuelan Railway Corporation Limited2
  • Brown Boveri Kent Limited2
  • Cambridge Instrument Company Limited2
  • Cammell Laird Shipbuilders Limited
  • Dunford & Elliott Limited2
  • Ferranti Limited2
  • John Hastie & Company Limited
  • International Computers (Holdings) Limited2
  • Kearney & Trecker Manwin Limited
  • Marathon Shipbuilding Company (UK) Limited
  • Norton Villiers Triumph Limited
  • Nuclear Enterprises Limited
  • Upper Clyde Shipbuilders Limited (in liquidation)

1For the purposes of this table, a majority shareholding is defined as one of over 50 per cent. up to and including 100 per cent. of issued voting capital and a minority shareholding as one of 50 per cent. or less.

2 Through the National Enterprise Board.

3 Cable and Wireless Limited is a company wholly owned by the Government, with the vast majority of its shares held by Treasury Solicitor.