HC Deb 02 February 1987 vol 109 c520W
17. Mr. Forth

asked the Secretary of State for Transport if he will make a statement on the progress of the privatisation of the National Bus Company.

Mr. David Mitchell

I am very pleased with the progress made by the National Bus Company, 14 subsidiaries have been sold, 13 of them to their managements, and in every case provision has been made for employees to participate in the success of their undertaking. Many more sales are being negotiated and NBC is confident that a substantial part of its business will have been privatised by the end of this year.

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