HC Deb 11 May 1981 vol 4 cc221-2W
Mr. Prescott

asked the Secretary of State for Transport (1) what were the losses or profits for the British Transport Hotels Group for each of the last five years;

(2) if he will take steps to ensure that Parliament is informed if a disagreement should arise between British Railways Investment Limited and British Transport Hotels' financial advisers about the timing and method of disposal of those assets owned by British Railways Investment Limited and, in particular, its hotel group; and if he will make a statement;

(3) what is the maximum percentage of shares he intends to allow British Rail Investment Ltd. to retain in the sale of the Gleneagles group of hotels belonging to British Transport Hotels;

(4) whether he has yet received proposals from British Rail Investment Ltd. for the sale of the Gleneagles group of hotels; if not, when he expects to receive such proposals; how many hotels are involved; which they are; and what is their estimated value.

Mr. Kenneth Clarke

I understand that only four toll bridges have been built in England since 1945. The details requested are as follows, the estimated dates in the last column being those prescribed in the respective Acts governing the finances of these crossings.

Mr. Fowler

I shall answer these questions shortly.

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