HC Deb 15 November 1973 vol 864 cc217-9W
Mr. Rost

asked the Chancellor of the Exchequer if he will give a list of Government, IRC and public sector investments

Name of Company
Government Investment:
Power Jets (Research and Development) Ltd. … … … 200,000 £1 Ordinary Shares
Loans and Loan Stock
IRC Investments: £
Allied Textile Companies Ltd. … … … … … 1,000,000
British Leyland Motor Corporation Ltd. … … … … 25,000,000
British Oxygen Co. Ltd. … … … … … … 2,500,000
Chrysler (UK) Ltd. … … … … … … … 150,000
Clarke Chapman-John Thompson Ltd. … … … … 2,000,000
Davy-Ashmore Ltd. … … … … … … … 900,000
English Electric Co. Ltd. … … … … … … 7,500,000
Herbert-Ingersoll Ltd. … … … … … … 475,000
Joseph Lucas (Industries) Ltd. … … … … … 3,000,000
Plessey Numerical Controls Ltd. … … … … … 3,000,000
Qualitex Ltd. … … … … … … … … 2,000,000
Ransome Hoffman Pollard Ltd. … … … … … 3,118,000
Reed Paper Group Ltd. … … … … … … 1,500,000
Reed Paper Group Ltd. and the Bowater Paper Corporation Ltd. 2,000,000

Mr. Nott

Following is the information:

in June 1970 that have since been disposed of wholly or in part.

Mr. Higgins

, pursuant to his reply [OFFICIAL REPORT, 9th November 1973; Vol. 863, c. 273], gave the following information:

Name of Company
The Laird Group Ltd. … … … … … … 2,595,000
The Steel Group Ltd. … … … … … … 1,000,000
The Weir Group Ltd. … … … … … … 1,250,000
Whessoe Ltd. … … … … … … … 3,500,000
Peter Dixon & Sons Ltd. … … … … … … 175,000
Loans Convertible into Equity
Marwin (Holdings) Ltd. … … … … … … £750,000 8 per cent. Convertible Loan.
Ransome Hoffman Pollard Ltd. … … … … … £6,211,004 8 per cent. Convertible Unsecured Loan Stock 1984.
Ransome, Hoffman Pollard Ltd.* … … … … … £2,700,000 8 per cent. Convertible Unsecured Loan Stock 1984.
Equity and Preference Shares
Chrysler (UK) Ltd. … … … … … … … 7,561,140 7 per cent. Cumulative Preferred Ordinary Shares of 20p.
Herbert-Ingersoll Ltd. … … … … … … 38,250 "A" Ordinary Shares of £1.
36,750 "B" Ordinary Shares of £1.
Ransome Hoffman Pollard Ltd. … … … … … 155,000 Ordinary Shares of 25p
Ransome Hoffman Pollard Ltd.* … … … … … 1,200,000 Deferred Ordinary Shares of 25p.
The Laird Group Ltd. … … … … … … 4,900,830 Ordinary Shares of 25p.
The Nuclear Power Group … … … … … … 150,000 Ordinary Shares of £1
Public Sector Investments†
Thomas Cooks.
Atlantic Steam Navigation Co.
Transport Development Group Ltd.
Streetley Co. Ltd.
Tube Investments Ltd.
Bradley's Concrete.
Printar Industries Ltd.
South East Tar Holdings Ltd.
South West Tar Distilleries Ltd.
Plymouth Tar Distilleries Ltd.
Scottish Tar Distilleries Ltd.
Openshaw and Holme Lane Works.
Rylands Whitecross and Dorman Long Wiremaking Works.
Thurcroft Brickworks.
Belton, Crowle, Bilsthorpe, Campbell and other brickworks.
* Investments held by Brown Bayley Limited.
† Significant disposals. Total sale price approximately £47 million.