§ Mr. Proctorasked the Secretary of State for Trade and Industry in respect of which activities of the nationalised industries for which he is responsible he is considering the scope for privatisation; and whether he has made any estimate of the financial consequences.
§ Mr. TrippierPlans are well advanced to privatise British Telecom later this year. In addition, I am examining the scope for privatisation in all the activities of all the other nationalised industries for which I am responsible, together with Rolls-Royce, British Leyland and shareholdings of the British Technology Group. It is too early to estimate what the financial consequences are likely to be.