§ Mr. Michael Brownasked the Minister of Transport if he will list the directors of the National Freight Corporation and the dates on which their appointments expire.
§ Mr. FowlerThe board of directors of the National Freight Corporation, and the dates on which their appointments expire, are as follows:
Date of end of current term Mr R. L. E. Lawrence C.B.E. 31.12.81 Mr V. G. Paige C.B.E. 14.2.82 Mr J. S. Flemming 9.9.81 Mr. F. S. Law 8.12.80 Mr. D. G. MacDonald 31.1.80 Mr. J. E. B. Sieve 14.2.83 Mr. P. H. Spriddell 9.9.81 SirRonald Swayne M.C. 8.12.80
§ Mr. Michael Brownasked the Minister of Transport by how much the net assets of the National Freight Corporation exceed its liabilities.
§ Mr. FowlerI refer my hon. Friend to the NFC's report and accounts for 1978, which contain on pages 36 to 37 a consolidated balance sheet for 31 December 1978. This indicates that liabilities exceed net assets by £10.9 million at 31 December 1978.
§ Mr. Michael Brownasked the Minister of Transport how many people are at present employed by the National Freight Corporation; and what were the equivalent figures in each of the last five years.
§ Mr. FowlerThe NFC and its subsidiaries employ approximately 36,000 people. The equivalent figures in each of the last five years are as follows:
1974 49,400 1975 44,600 1976 41,700 1977 40,100 1978 36,500