HC Deb 05 November 1980 vol 991 cc591-2W
22. Mr. Bevan

asked the Minister of Transport if he will make a statement on the timing of the introduction of private capital into the British Railways' Sealink.

30. Mr. Anderson

asked the Minister of Transport what further consideration he has given to the form which privatisation of British Rail subsidiaries will take.

Mr. Fowler

I am making good progress in preparing proposals for legislation to assist the Railways Board to introduce private capital into its subsidiary businesses. The Railways Board is also taking steps under its present powers to set up a holding company to identify opportunities for private investment in Sealink, hotels, hovercraft and its property portfolio.