§ Mr. DobsonTo ask the Secretary of State for Energy if he will list all organisations which have advised or are now advising his Department on any aspect of the privatisation of electricity, giving in each case the dates of their involvement and, in each case, the aspect on which they advise.
§ Mr. WakehamThe information is as follows:
453W454W455W
Adviser Area From To Professor Littlechild Regulatory November 1987 May 1989 James Capel Lead Brokers May 1988 continuing Lowe Bell Marketing and Public Relations July 1988 continuing Merz & McLellan Technical August 1987 continuing Lloyds Bank Receiving Bank and Registrar August 1988 continuing Deloitte Haskins & Sells Reporting Accountants 1988 continuing Price Waterhouse Reporting Accountants 1988 continuing Peat Marwick Mclintock Reporting Accountants 1988 continuing Binder Hamlyn Reporting Accountants 1988 continuing Ernst & Whinney Reporting Accountants 1988 continuing Coopers & Lybrand Reporting Accountants 1988 continuing Spicer & Oppenheim Reporting Accountants 1988 continuing Touche Ross Reporting Accountants 1988 continuing BM RB Market Research August 1988 continuing Davis Polk & Wardwell United States Lawyers September 1988 continuing Russell Reynolds Headhunters Chair NEEB December 1988 February 1989 Osier Renault Canadian Lawyers February 1989 continuing Anderson Mori & Rabinowitz Japanese Lawyers March 1989 continuing Goldman Sachs United States Financial December 1988 continuing Wood Gundy Canadian Financial March 1989 continuing Nomura Japanese Financial March 1989 continuing Credit Suisse First Boston European Financial June 1989 continuing Saxton Bampfylde Headhunters 1989 1989 DG Electricity Supply NORWEB June 1989 October 1989 Price Waterhouse Common Areas 1988 continuing The VPI Group Joint Marketing Advisers successor generation Comp's February 1989 January 1990 Jones Lang Wootton Property adviser March 1989 continuing UKAEA AGR output September 1989 October 1989 Nuclear Services Group Decommissioning costs 1989 1989 Lamb and Edge Property Valuers June 1989 continuing Grimley J. R. Eve Property Valuers June 1989 continuing Gerald Eve Property Valuers June 1989 continuing Knight Frank Rutley Property Valuers June 1989 continuing Weatherall Green & Smith Property Valuers June 1989 continuing Debenham Tewson & Cheshire Property Valuers June 1989 continuing Hartnell Taylor & Cook Property Valuers June 1989 continuing Connell Hallum & Brackett Property Valuers June 1989 continuing Matthews & Goodman Property Valuers June 1989 continuing Cook & Arkwright Property Valuers June 1989 continuing
Adviser Area From To Bernard Thorpe Property Valuers June 1989 continuing Henry Butcher Property Valuers June 1989 continuing Lloyd Northover Design Consultants January 1990 continuing Coopers & Lybrand Salary advisers July 1989 continuing Williams Lee Printing Advice April 1989 continuing Dewe Rogerson Marketing and Public Relations February 1990 continuing
§ Mr. DobsonTo ask the Secretary of State for Energy if he will list all the organisations known by his Department to have advised or now to be advising any parts of the electricity supply industry on any aspects of privatisation, giving in each case the dates of their involvement and the aspect on which they have advised.
§ Mr. WakehamThis is a matter for the industry. I have therefore asked the Electricity Council, in respect of the area boards, and the CEGB, in respect of National Power, PowerGen and the National Grid Company, to write to the hon. Member.
§ Mr. DobsonTo ask the Secretary of State for Energy what co-ordination there is between the electricity industry and his Department on privatisation advertising.
§ Mr. WakehamAdvertising by the industry to promote its goods and services is a matter for the industry itself. Currently there is no advertising for the forthcoming offers for sale. I have, jointly with the electricity supply industry, appointed Dewe Rogerson to develop and co-ordinate a marketing strategy and we shall consider the need for advertising in the light of this strategy.
§ Mr. DobsonTo ask the Secretary of State for Energy what is the current estimate of the total fees which will be paid by his Department in the course of electricity privatisation.
§ Mr. WakehamTotal costs of privatisation will be made available once flotation has been completed. Expenditure to the end of March 1989 amounted to £6.3 million and provision has been made for £30 million for the current year. Latest forecasts of requirements for 1990–91 will be published as part of the supply Estimates in March.
456W
§ Mr. DobsonTo ask the Secretary of State for Energy why his officials have briefed the press that the value of the electricity supply industry for privatisation will be £7 billion; and how this valuation was arrived at.
§ Mr. WakehamThe Government have not published estimates of the value of the electricity supply industry. It would be premature to do so, since the value will depend on many factors, including market conditions at the time of the sale.