HC Deb 21 June 1982 vol 26 c17W
Mr. Skinner

asked the Secretary of State for Transport what were the net proceeds received by the Government from the sale of the National Freight Corporation.

Mr. Eyre

The net proceeds from the sale, representing the difference between the proceeds from the sale of shares to management, employees and pensioners—£53.5 million—less expenses of sale—some £200,000—and payments to the NFC pension funds to fund the historic deficiencies—£48.7 million, were about £4.6 million.