HC Deb 08 November 1988 vol 140 c140W
Ms. Lestor

To ask the Chancellor of the Exchequer if he will give figures for money budgeted and spent to date on the floation and privatisation of British Steel, including separate figures for(a) advertising, (b) underwriting, (c) marketing and (d) any other fees.

Mr. Atkins

[holding answer 31 October 1988]: I have been asked to reply.

A token estimate of £1,000 (class V, vote 8) makes provision for Her Majesty's Government expenses in connection with the privatisation of British Steel. Expenses will be met from receipts from the sale, appropriated in aid of the vote. A spring supplementary estimate will be presented later in the year to provide details of the final costs.