HC Deb 21 July 1982 vol 28 c173W
Mr. Skinner

asked the Secretary of State for Energy what steps are being taken by his Department in conjunction with the National Coal Board to encourage privatisation of coal stocks; and what consultations are planned with the National Union of Mineworkers on this matter.

Mr. John Moore

I understand that the NCB is looking into the possibility of broadening its markets by selling limited amounts of coal to investors with a view to improving the financial position of the industry and reducing interest charges on stocks. No specific proposals have been put to the Department. Any question of consultation between the NCB and the NUM and other mining unions is a matter for the board.

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