§ Mr. Dobson
To ask the Secretary of State for Scotland what was the total sum paid out in fees to outside organisations in the furtherance of privatisation by his Department in 1979–80 and in each following year; and what is his estimate for 1990–91 and budget for 1991–92.
§ Mr. Lang
The total sums paid out by my Department in fees to outside organisations in the furtherance of privatisation since 1979–80 are shown in the following table.
Year £ million 1987–88 0.616 1988–89 2.246 1989–90 4.001 1990–91 15.126 1 Estimated outturn.
The total costs of the current privatisation of Scottish Power, Scottish Hydro-Electric and the Scottish Bus Group, including fees paid to advisers, will be reported to Parliament after the sales have been completed.