§ Mr. BeithTo ask the Chancellor of the Exchequer if he will list what shares the Government hold in private sector companies and their market valuation on(a) 1 January and (b) 1 February.
§ Mr. MaudeThe table shows the ordinary shares held by the Government in private sector companies with the market valuation of such holdings at the close of business on 1 January 1992 and 31 January 1992.
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Government ordinary shareholdings in private sector companies Company Number of shares (millions) Market Valuation (£millions) 1 January 31 January BAA 14.8 78.7 83.7 British Airways 3.2 7.4 7.8 British Gas 0.1 0.2 0.2 British Petroleum 101.2 296.6 290.5 British Steel 1 1 1 BT 1,256.7 4,122.1 4,134.6
Company Number of shares (millions) Market Valuation (£ millions) 1 January 31 January Cable and Wireless 1 0.1 0.1 Mersey Docks and Harbour Company 12.4 24.6 24.1 Anglian Water 4.8 15.9 17.2 Northumbrian Water 0.7 2.2 2.5 North West Water 5.3 17.7 19.4 Severn Trent Water 6.7 20.9 23.2 Southern Water 2.7 8.3 8.9 South West Water 0.7 2.2 2.3 Thames Water 7.7 25.2 28.5 Welsh Water 2.1 7.4 7.9 Wessex Water 1.5 5.6 6.0 Yorkshire Water 3.1 10.8 11.6 Eastern Electricity 4.3 13.4 13.0 East Midlands Electricity 2.3 7.9 7.5 London Electricity 2.3 7.4 7.9 Manweb 1.9 7.7 7.4 Midlands Electricity 2.9 10.1 9.8 Northern Electric 1.9 6.4 6.5 Norweb 2.6 9.7 9.5 Seeboard 2.4 8.1 8.1 Southern Electric 3.2 11.2 10.6 South Wales Electricity 1.1 4.2 4.2 South Western Electricity 2.3 7.5 8.0 Yorkshire Electricity 2.5 9.7 9.7 National Power 500.4 1,100.9 1,136.0 PowerGen 317.4 730.1 755.5 Scottish Hydro-ectric 13.3 32.5 32.5 Scottish Power 29.4 71.5 71.5 1 Negligible.