§ Mr. Robert B. Jones
My right hon. Friend, the Secretary of State for the Environment announced on 2 April 1996 his proposals for transferring the Building Research Establishment to the private sector by February 1997. While it remains an executive agency, BRE is working to the following key targets for 1996–97net vote cost of £545,000;deficit on trading account no greater than £119,000;gross non-Exchequer income of £3.56 million;an increase of less than 4 per cent. in the average unit cost of research commissions.