HC Deb 23 April 1968 vol 763 cc1-2W
Mr. J. H. Osborn

asked the Minister of Power what has been the capital expenditure incurred during the last financial year, and to date in the current year, on the purchase of fully owned and partly owned subsidiary companies of nationalised gas undertakings, respectively, and in total, not directly concerned with natural gas, or the manufacture and distribution of gas.

Mr. Gunter

None.

Mr. J. H. Osborn

asked the Minister of Power (1) if he will tabulate in the OFFICIAL REPORT, giving the cost, each acquisition by the nationalised gas industry of subsidiary companies, whether fully-owned or partly-owned, not directly concerned with the supply of natural gas and the manufacture and distribution of gas, during the last financial year, and to date during the current year; and what amount has been budgeted for this purpose in future years;

(2) if he will tabulate in the OFFICIAL REPORT the capital expenditure incurred by each fully-owned and each partly-owned subsidiary of the nationalised gas undertakings not directly concerned with the supply of natural gas, and the manufacture and distribution of gas, during the last financial year and to date during the current year, respectively, and in total; and what amount has been budgeted for this purpose in future years.

Mr. Gunter

The gas industry has not acquired or expended capital on any such subsidiary companies. I know of no proposals for the future acquisition of such subsidiary companies.