Mersey Docks and Harbour Company (Hansard, 21 March 1997)

HC Deb 21 March 1997 vol 292 c978W 978W

§ Mr. Simpson
To ask the Chancellor of the Exchequer what percentage stake the Government currently holds in the Mersey Docks and Harbour Company; what is the current cash value of this stake; and what practical steps the Government have taken to resolve the current industrial dispute. [21635]

§ Mr. Waldegrave
The Government hold some 13.9 per cent. of the issued share capital in the Mersey Docks and Harbour Company. The current market value of this stake is approximately £53.4 million. The industrial dispute between the company and its former employees is a matter for the parties concerned. The Government do not intervene in such matters.