HC Deb 09 February 1981 vol 998 c263W
6. Mr. Ancram

asked the Secretary of State for Industry if he is satisfied with the progress of his privatisation programme.

Mr. Tebbit

Steady progress is being made. The British Telecommunications Bill will facilitate privatisation within British Telecommunications, the Post Office and Cable and Wireless; the NEB has disposed of £120 million of its shareholdings; the British Steel Corporation is discussing possible joint ventures with the private sector; consultants are looking at the viability of a private National Maritime Institute; I announced last week the offer for sale of shares in British Aerospace.

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