§ 28. Mr. Alfred Morrisasked the Secretary of State for Transport what income he expects from the sale of British Airways.
§ Mr. RidleyThe Government's income from the sale of British Airways will depend on a number of uncertain factors, including the timing of the offer and the price of the shares as a result of the market's judgment of the company's value. It would not be right for me to venture an estimate of the proceeds in advance of the flotation.