§ Mr. RadiceTo ask the Chancellor of the Exchequer what are the latest estimates of the gross proceeds to the Exchequer from the sale of(a) British Telecom and (b) British Gas.
§ Mr. Norman Lamont[holding answer 12 November 1987]: The gross proceeds to the Exchequer from the British Telecom share sale in November 1984 are £3,863 million and from the sale of British Gas plc. in December 1986 are £7,750 million.