§ 25. Sir Fergus Montgomeryasked the Secretary of State for Transport if his Department has monitored the value of shares in the National Freight Company since that company was sold to its managers and employees in 1982.
§ Mr. Michael SpicerThe National Freight Company is an unquoted public limited company with share value established by independent valuers, I understand that since its sale to the management and employees, the value of shareholdings has increased substantially, reflecting improved performance and prospects.