HC Deb 08 May 1973 vol 856 cc94-5W
Mr. Prescott

asked the Chancellor of the Exchequer what is the proportion of share capital owned by the Government in the British Petroleum oil company; and to what extent the Government representatives play an active part in the company's labour policies.

Mr. Nott

Her Majesty's Government hold 48.2 per cent. of the ordinary stock of British Petroleum. Successive Governments have abstained from interfering in the administration of the company as a commercial concern.