§ Mr. David Atkinson
asked the Prime Minister if she will list those industries and companies which are State-owned, or in which the Government own shares, giving the percentage stake where appropriate.
§ The Prime Minister
The information requested is set out as follows. Details of the subsidiaries, associated companies or minority interests of each of these industries, companies and other bodies are given in their published annual reports and accounts. The list excludes companies in receivership, liquidation or no longer trading in which the Government own only non-voting shares.
- National Coal Board
- Electricity Supply Industry (England and Wales)
- North of Scotland Hydro-Electric Board
- South of Scotland Electricity Board
- British Gas Corporation
- British National Oil Corporation
- British Steel Corporation
- Post Office Corporation
- British Telecommunications Corporation
- National Girobank
- British Airways Board
- British Airports Authority
- British Railways Board
- British Transport Docks Board
- British Waterways Board
- National Bus Company
- Scottish Transport Group
- British Shipbuilders
Companies Act Companies Percentage of shares held by the Government Amersham International 100.00 American Monitor International 84.00 Ards Holdings 28.00
Companies Act Companies Percentage of shares held by the Government Ben Sherman (1975) 100.00 British Aerospace 48.43 British Leyland 99.60 British Nuclear Fuels 100.00 The British Petroleum Company Ltd.‡ 21.89 Cable and Wireless 50.40 Channel Tunnel Company 100.00 Cinee Textiles 46.30 Cor Van Houghton 28.60 C. P. Trim 49.00 C. Walker and Son (Ireland) 49.90 Duratool 23.40 Franzen UK 25.00 Harland & Wolff 100.00 International Military Services 100.00 Irlandus Circuits 40.00 Issac Hamilton 25.00 John Hastie (Greenock) 41.00 Kearney and Trecker Martin 26.50 Lintrend Development (Northern Ireland) 99.90 Mersey Docks and Harbour Company* 20.00 National Freight Company† 100.00 National Nuclear Corporation 35.00 National Seed Development Organisation 100.00 Northern Ireland Planners 100.00 Norton Villiers Triumph 21.60 Oaks Development Laboratories (Ireland) 25.00 Power Automation Products 49.00 Rolls Royce 100.00 Short Brothers 100.00 Sperrin Textiles 31.00 Standard Mills (Rochdale) 57.00 Tufted Carpet Tile 28.60 Ulster Catamics 47.70 Viking Manufacturing 100.00 Villiers 1.20 *Further special rights are also guaranteed to the Government. †The Government intend to sell their shares in the NFC before the end of this financial year. ‡As the Financial Secretary announced in a parliamentary answer on 21 October, the Government plan to transfer this shareholding to the Treasury, which should take place in January/February 1982.
There is a number of other companies in which the Government have a nominal interest, or which have no share capital. In addition, a number of the public corporations listed in table 5.1 of the Public Expenditure White Paper, Cmnd. 8175, e.g. the National Enterprise Board and the Civil Aviation Authority, could also be regarded as falling into the same category.