§ Mr. Teddy Taylorasked the Chancellor of the Exchequer if he will make a statement outlining the circumstances in which the substantial Burmah Oil holding of shares in British Petroleum were transferred to the Bank of England; what part Her Majesty's Government played in the transaction; and if he considers that Her Majesty's Government have any responsibility to compensate shareholders in Burmah Oil for the loss of income and capital resulting from the disposal of that company's British Petroleum shareholding.
§ Sir Geoffrey HoweI shall let my hon. Friend have a reply as soon as possible.