HC Deb 28 October 1988 vol 139 cc421-2W
Mr. Prescott

To ask the Secretary of State for Energy if he will list the advisers who have been appointed to assist the Government, the CEGB, the Electricity Council and the 12 area boards in the proposed privatisation of the ESI and the amount of money that has been paid to each of those advisers in the last financial year; and how much it is estimated will be paid to them in this financial year and in the next financial year.

Mr. Michael Spicer

The Department is being provided with advice by Kleinwort Benson, Touche Ross, Slaughter and May, Merz and McLellan, Professor Stephen Littlechild, James Capel, Warburg Securities, Lloyds Bank, Lowe Bell, BMRB and the reporting accountants for the 12 area boards and the CEGB.

Expenditure in 1987–88 was £771,000. There is estimate provision in 1988–89 of £6 million. It is not usual practice to publish details of individual contracts. Advice received by the industry is a matter for the bodies concerned.