§ Mr. FrenchTo ask the Secretary of State for the Environment what information was available to the Government about the liabilities of the Metropolitan Water Board to the holders of "B" stock at the time of flotation of Thames Water.
§ Mr. Heathcoat-AmoryAt the time of the flotation of Thames Water in 1989 the Government were aware of a possibility of outstanding liabilities in respect of such stocks, and this was reflected in a note on contingent liabilities in the privatisation prospectus.