HC Deb 16 May 1995 vol 260 c108W
Ms Armstrong

To ask the Chancellor of the Exchequer what were the administrative costs of the share offers relating to(a) International, (b) Associated British Ports, (c) British Aerospace, (d) the British Airports Authority, (e) British Airways, (f) British Petroleum, (g) the British Steel Company, (h) British Telecom, (i) Britoil, (j) Cable and Wireless, (k) Enterprise Oil, (l) the National Freight Corporation and (m) Rolls-Royce on the basis of the answer of 23 March, Official Report, column 287. [23027]

Sir George Young

[holding answer 9 May 1995]The table shows the administrative costs for the sales requested. These costs have been shown disaggregated into the same categories as the answer of 23 March,Official Report, column 287 to the degree that this information is held centrally. Administrative costs for these sales of just under £1 billion need to be set in the context of their gross proceeds of over £32 billion.

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