HC Deb 15 November 1984 vol 67 cc312-3W
Mr. Yeo

asked the Prime Minister (1) if she will list the public limited companies in which Government shareholdings of 5 per cent. or more are held;

(2) what is the market value, where available, at the latest practicable date, of the Government shareholding in those public limited companies in which the Government hold an equity interest of more than 5 per cent.

The Prime Minister

Details of shares and other securities held as assets of the Consolidated Fund and National Loans Funds Accounts (1982–83 HC 158). Public limited companies in which the Government held a shareholding of 5 per cent. or more at 31 March 1984 are listed, together with a market valuation of the shareholding where this is appropriate using share prices at close of dealing on Monday 12 Novemeber.

Company Percentage of ordinary shares held by HMG Valuation at share price on 12.11.84 (where appropriate)
per cent. £ million
Cable and Wireless PLC 23.1 360
British Petroleum PLC 31.7 2,823
British Aerospace PLC 48.8 573
Britoil PLC 48.8 563
BL PLC 99.7
British Channel Tunnel PLC 100
British Nuclear Fuels PLC 100
British Airways PLC* 100
* Assets of British Airways Board were not vested in British Airways PLC until 1 April 1984