§ Mr. Spearingasked the Secretary of State for the Environment if, in respect of the statement made in respect of foreign capital and water services, 23 June, Official Report, column 37, he will state the nature of the safeguards he expects to seek to include in future legislation relating to such investment.
§ Mr. John PattenI do not expect that it will be necessary to insert safeguards in future legislation. PLC status will enable the Government to retain a golden share which may regulate the size of particular shareholdings. The Monopolies and Mergers Commission will also have a significant role to play in safeguarding the public.