§ Mr. John Leeasked the Minister of Housing and Local Government what is the total value of United Kingdom quoted equity shares owned by local authorities in England and Wales; and in how many instances do the holdings of any one local authority in any one public company exceed 50 per cent. of the total number of shares quoted of that company.
§ Mr. MacCollLocal authority superannuation funds in England and Wales held preference and ordinary shares amounting to £191 million at market value at 31st March, 1966; and holdings of equities by local authorities otherwise than as trustees of superannuation funds were estimated as below £10 million in December, 1963. It is not possible to distinguish how much of these holdings are in quoted shares.
I regret that the information requested in the second part of the Question is not available.