HC Deb 28 March 2000 vol 347 cc113-4W
Mr. Russell Brown

To ask the Chancellor of the Exchequer if he will make a statement about Her Majesty's Treasury's holding of debt in Scottish Power plc. [116743]

Mr. Andrew Smith

On 24 March 2000 HM Treasury sold back to Scottish Power the £142 million (nominal) bond it had held since the privatisation of the company in 1991. Proceeds from the buyback were £148,469,927.55.