HC Deb 11 June 1981 vol 6 cc175-6W
Q33. Mr. Eggar

asked the Prime Minister when she expects next to announce an extension of privatisation.

The Prime Minister

We have already accomplished the sale of British Aerospace, and legislation is now on the statute book to permit the sale of shares in the National Freight Company and in British Airways. In addition, legislation is currently before Parliament to enable the introduction of private capital into the British Transport Docks Board, certain British Rail subsidiaries, the Radiochemical Centre, Cable and Wireless Limited and some of British Telecommunications' peripheral activities.

We shall make announcements about these and other privatisation measures as soon as appropriate, but my hon. Friend will not expect me to anticipate the precise timing of sales, which must depend on market conditions.