Privatised Utilities (Hansard, 12 July 1995)

§ 26. Mr. Keith Hill
To ask the President of the Board of Trade if he will make a statement on the estimated value, potential value and past profit of privatised utilities, directors and senior executives' share option schemes. [32147]

§ Mr. Eggar
The details of share options schemes and the value of awards made under the schemes are matters for the companies concerned.

§ 28. Mr. Hoon
To ask the President of the Board of Trade if he will make a statement on the change in the pay of the executives of privatised utilities since privatisation. [32149]

§ Mr. Eggar
Pay in the private sector is a matter for the companies concerned and for their shareholders.

31. Mr. Robert Ainsworth
To ask the President of the Board of Trade what plans he has to review the current system of regulations of the privatised utilities. [32152]

§ Mr. Eggar
The ways in which the systems of regulation of the privatised utilities develop is a matter of continuing interest, and the regulators and the Government always welcome practical suggestion for improvements to the current system.

§ Mr. Clapham
To ask the President of the Board of Trade what is the current salary of the Director General of Telecommunications; and what has been the salary for this post since 1990. [33550]

§ Mr. Ian Taylor
I refer the hon. Member to the reply given on 26 June 1995,Official Report, columns 448–50 by my right hon. Friend the Member for Enfield, North (Mr. Eggar) to the hon. Member for Neath (Mr. Hain).

§ Mr. Clapham
To ask the President of the Board of Trade what is the current salary of the Director General of Electricity Supply; and what has been the salary for this post for each year since 1990. [33549]

§ Mr. Eggar
I refer the hon. Gentleman to the answer given to the hon. Member for Neath (Mr. Hain), whose similar question was answered on 26 June 1995,Official Report, columns 448–50.
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§ Mr. Clapham
To ask the President of the Board of Trade what are the criteria used to determine the salaries of director generals of electricity supply, gas supply and telecommunications. [33551]

§ Mr. Eggar
The remuneration of the director generals of electricity supply, of gas supply and of telecommunications is determined by the Secretary of State, with the approval of the Minister with responsibility for the civil service, and salaries are set at the rate necessary to recruit and retain the best candidates.

§ Mr. Clapham
To ask the President of the Board of Trade what is the current salary of the Director General of Gas Supply; and what has been the salary of this post since 1990. [33557]

§ Mr. Eggar
Details of the current salary of the Director General of Gas Supply and the salary of this post since 1990, were given to the hon. Member for Neath (Mr. Hain) on 26 June 1995,Official Report, columns 448–50.

§ Mr. Harry Greenway
To ask the President of the Board of Trade if he will make a statement on employment prospects in the utilities. [32190]

§ Mr. Lang
[holding answer 11 July 1995]: Employment prospects in the utilities are subject to the commercial judgment of their management and the needs of their customers.