§ Mr. RogersTo ask the Prime Minister if he will list the work obtained and the fees paid to N M Rothschild in the course of the Government's privatisation programme since 1983.
§ The Prime MinisterThe table shows the Government appointments made to N M Rothschild in privatisations since 1983. The fees paid are a matter of commercial confidentiality. Appointments for adviser to the Government are made following full competition. The Government's consistent practice has been to select the firm offering the best value for money.
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N M Rothschild privatisation appointments Privatisation Year Appointment BT 1984 Underwriter Britoil 1985 Underwriter British Gas 1986 Adviser to Government Underwriter Royal Ordnance 1987 Adviser to Government British Airways 1987 Underwriter Rolls-Royce 1987 Underwriter BAA 1987 Underwriter British Petroleum 1987 Adviser to Government Underwriter British Steel 1988 Underwriter Water 1989 Underwriter Regional Electricity Companies 1990 Underwriter BT 1991 Member of French syndicate
Privatisation Year Appointment Northern Ireland Electricity ongoing Adviser to Government British Coal ongoing Adviser to Government